Tag: CRR

Nigeria’s manufacturing sector remains endangered

CBN ceases daily cash reserve requirement, adopts updated mechanism

by Chima Titus

February 2, 2024

The Central Bank of Nigeria (CBN) is ceasing daily CRR debits and will be adopting an updated Cash Reserve Requirement ...

Net foreign exchange inflow into Nigeria surges Keystone bank's operations, CBN announces new date, Investors favour 364-day bonds Demand for unsecured loans surpasses secured credit CBN predicts 4.17% GDP CBN introduces new account options CBN staff lobby for exit Banks borrow N27.95trn from CBN in Q3 2024 EFEMS Eurobond issuance bolster FX reserves Banks’ borrowed N776.1bn CBN International Training Institute CBN mops up N1.335trn External reserves hit 22-month high $2.97 billion released to Oil Sector JUST IN: CBN defies National Assembly, maintains 5% Ways And Means advance limit,52% of Nigerian adults have bank accounts in 2023 — CBN

CBN quarantines banks’ N576.20bn through CRR

by Chima Nwokoji

January 8, 2024

The Central Bank of Nigeria (CBN) last week debited some commercial banks to the tune of N576.20 billion through the ...

Economist lauds CBN slash of CRR to 10% for merchant banks

by Joseph Inokotong

July 17, 2023

THE Central Bank of Nigeria (CBN’s) review of the Cash Reserve Ratio (CRR) to 10 percent for Merchant Banks to ...

$CBN N89trn stamp duty, CBN pays N81bn , CBN raises Monetary Policy, APC Kogi senatorial CBN ,eNaira N15trn Infracorp opens, CBN tightens noose, CBN declares war, CBN bans sales of forex, CBN distributes tons of rice, Forex CBN urges Nigerians, Nigeria to exit recession, business activities eligible, CBN collateral registry, b\power probe, CBN, anks funding package CBN financial statements, PwC, Emefiele, CBN, COVID-19, Bureau, coronavirus, commodities, banks to support airlines$