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CRR: CBN Holds N900bn Customers’ Deposits With Banks

CRR: CBN Holds N900bn Customers’ Deposits With Banks     The Central Bank of Nigeria (CBN) has been holding on to N900 billion of lenders’ deposits as Cash Reserve Ration (CRR) since January. By the CRR policy, banks have a mandate to keep 27.5 per cent of all...