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Central Bank of Nigeria
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- 1Experts explain why Nigerian banks must keep reserves at central bank▼ZAWYA: Experts weigh in on why banks must keep percentage of customers’ deposits with Central Bank of Nigeria
Nigerian banking experts have been explaining the rationale behind the requirement that commercial banks hold a percentage of their customers' deposits with the Central Bank of Nigeria. The reserve requirement is a key monetary policy tool used to control liquidity in the financial system. Discussion in Nigerian financial media is focused on how the policy affects lending capacity and overall economic stability.