Banks Lose Appetite For State, LG Funds As 75% CRR Limits Lending
Banks are holding less money for state and local governments, months after the Central Bank of Nigeria (CBN) made it costlier to keep such funds. Following the CBN’s implementation of the 75 per cent cash reserve…
Aggregated · originally by Leadership
5 Oct 2026, 08:30 WAT · 3 min read
Banks are holding less money for state and local governments, months after the Central Bank of Nigeria (CBN) made it costlier to keep such funds. Following the CBN’s implementation of the 75 per cent cash reserve…
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