CBN reduces CRR 25 %, says TSA has no negative impact on banks
By Emma Ujah The Central Bank of Nigeria, CBN, has reduced the Cash Reserve Ratio , CRR, from 31 per cent to 25 per cent. This was one of the major decisions of the Monetary Policy Committee meeting which ended in Abuja, yesterday. The CBN Governor, Mr. Godwin Emefiele who briefed the press after the […]