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CBN reduces cash mop by 82% to N150bn

liquidity, bank, central-bank, statistics, tagged-by-joe

SecGen 9 October 2023 10:30 1

CBN reduces cash mop by 82% to N150bn

Vanguard News – 9 Oct 23

CBN reduces cash mop by 82% to N150bn

In a bid to stimulate economic growth worsened by unprecedented rise in prices of goods and services, the Central Bank of Nigeria, CBN, reduced its cash mop up operation by 82 per cent to N150 billion in the nine months ending September 30th,...

Estimated reading time: 3 minutes

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