CBN introduces 75% CRR on non-TSA public sector deposits
[NigerianEye - Nigeria] - 24/09/2025
The Central Bank of Nigeria (CBN) has introduced a 75 percent cash reserve ratio (CRR) on non-treasury single account (TSA) public sector deposits for enhanced liquidity management. Olayemi Cardoso, CBN’s governor, announced at a press conference on Tuesday after the monetary policy committee (MPC) 302nd meeting in Abuja. Non-TSA public sector deposits are government-related funds (ministries departments, agencies, parastatals, or state-owned entities) that are still kept in commercial banks instead of the TSA. The new rule implies that the CBN is now requiring banks to set aside 75 (…)
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