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Tag: Move CRR to 27.5%

CBN Changes gear, Move CRR to 27.5%

CBN Changes gear, Move CRR to 27.5% The monetary Policy committee of the Central Bank of Nigeria (CBN) has announced its decision to move the Cash Reserve Ratio (CRR) formerly at 22.5% to 27.5%. Speaking to newsmen after the committee’s meeting in Abuja, the CBN governor,...