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Read more about the article CBN Deducts N216bn CRR Levy From Banks

CBN Deducts N216bn CRR Levy From Banks

  • Post author:gnbnews
  • Post published:June 22, 2020
  • Post category:Ministry of Finance
  • Post comments:0 Comments

The Central Bank of Nigeria (CBN) on Friday deducted N216 billion from banks accounts as Cash Reserve Ratio (CRR), to mop up liquidity and avoid speculation in the foreign exchange…

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