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nigeria70 - 12 days ago

New CBN’s SDF Policy May Reduce Liquidity Mgt Cost, Analysts Say

Obinna Chima The new Central Bank of Nigeria’s (CBN) policy on Standing Deposit Facility (SDF) which became effective yesterday, may lead to a reduction in cost of managing system liquidity for the banking sector regulator, analysts have said. The CBN announced on Wednesday that it would no longer remunerate daily bank deposit in excess of The post New CBN’s SDF Policy May Reduce Liquidity Mgt Cost, Analysts Say appeared first on THISDAYLIVE.


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