Nigeria Curbs Banks’ Ability to Grant Loan to Reduce Market Liquidity

-- Nigeria’s central bank curbed the ability of banks to grant loans as it seeks to reduce market liquidity and help reduce an inflation rate that rose to a 28-year high in March.The Abuja-based Central Bank of Nigeria cut the bank’s loan-to-deposit ratio by 15 percentage points to 50% “to align with the current monetary tightening,” it said in a circular to lenders on Wednesday. The new limit is in line with the banks’ required cash reserve ratio, it added.

Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to tank this week.Shape-kapselit rasvanpolttoon: Hitti vai huti -- Donald Trump’s social media startup tumbled on Monday, extending a two-week slump, after the company took a first step toward allowing the former president and other insiders to capitalize on their stakes.

Trump says $175 million bond is financially secure, asks judge to reject New York attorney general’s challenge

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nigeria Curbs Banks’ Ability to Grant Loan to Reduce Market LiquidityNigeria’s central bank curbed the ability of banks to grant loans as it seeks to reduce market liquidity and help reduce an inflation rate that rose to a 28-year high in March.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »