Economic Overview Nigeria’s economy is estimated to be worth about $262bn, making it one of the largest economies in Africa. The estimates and analysis of various indicators is discussed in the later sections. The country has fared better than many other countries during the global economic downturn, but systemic problems in infrastructure and the labor market mean that its position in the Economist Intelligence Unit’s […]
Cash Reserve Ratio (CRR) Controversy between SBI & RBI: meaning, implication on Economy Explained What is CRR? What is Scheduled Commercial Bank? Examples of Scheduled Commercial Banks 1. Case # 1: High CRR and SLR 2. Case # 2: Low CRR and SLR Repo Rate Reverse Repo Rate Bank Rate What is the need for all these CRR, SLR, Repo rates? What is the problem […]
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