Cash Reserve Archives - DAILY TIMES Nigeria

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Equities market suffers first-week loss over hike in CRR

Ihesiulo Grace 3 February 2020 0

The Nigerian Stock Exchange (NSE) equities market segment suffered its first weekly loss of 2020 as the impact of the Central Bank of Nigeria’s(CBN) hike in the Cash Reserve Ratio (CRR) spike investors selloffs in listed banks shares. The Monetary Policy Committee (MPC) of the apex bank had

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MPC: Experts express concern over hike in cash ratio to 27.5%

Ihesiulo Grace 27 January 2020 0

…Say Banks may have little to lend to key sectors …Mopping up liquidity behind MPC decision-Emiefele Experts have raised concern over the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to raise Cash Reserve Ratio (CRR) from 22.5 per cent to 27.5 per cent. The MPC, on Friday, maintained […]

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Breaking: CBN increase Credit ratio to 22.7 per cent

Ihesiulo Grace 24 January 2020 0

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised Nigeria’s Cash Reserve Ration by 500 points from 22.5 per cent to 22.7 per cent. The Committee said the decision is to help address ‘Monetary induced inflation’ It also said banks must be compelled to grant loans to the private sector which […]

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