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Nairaland Forum / Nairaland / General / Business / Cash Shortage Hits Banks, Overnight Lending Rate Jumps (18902 Views)
CBN Reduces Lending Rate To 11 Percent / Cash Shortage Hits Banks As TSA Deadline Expires / Cash Squeeze Hits Banks As NIBOR Volatility Surges (2) (3) (4)
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by thefakestan: 10:14am On Apr 15, 2015 |
I really dont have much to say! I' m waiting for.. |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by tayo200(m): 10:14am On Apr 15, 2015 |
EWwwwwohhhh.....God go provide for us sha |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Flets: 10:15am On Apr 15, 2015 |
Hard times ahead!!!! |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by OLUJAY4REAL: 10:15am On Apr 15, 2015 |
haywire1: Your comment sounds it's from an illiterate who is clueless about economic measures of control! |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Oluwason(m): 10:15am On Apr 15, 2015 |
Hmm |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Skywalker5(m): 10:16am On Apr 15, 2015 |
Reckless people. How can lending rate jump that high? 1 Like |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Tekzyflex(m): 10:17am On Apr 15, 2015 |
No wonder have not gotten last month salary alert from Ecobank. Nigeria and bad news! Nah wah oooo!!! 1 Like |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by haywire1: 10:18am On Apr 15, 2015 |
OLUJAY4REAL: Who controls d economy? * |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Osayidgreat(m): 10:21am On Apr 15, 2015 |
Chai! Money don finish |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by cana882(m): 10:22am On Apr 15, 2015 |
Ymodulus:U b badbelle o |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by bluice2(m): 10:24am On Apr 15, 2015 |
Ymodulus: Its a general temporary thing. However won't stop nor reduce exceptional service from GTBank to it's esteemed customers 1 Like |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by allanphash7(m): 10:24am On Apr 15, 2015 |
Jonathan must be brought to book He caused this |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by ogaprime(m): 10:24am On Apr 15, 2015 |
Mogidi:
|
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by JustCalMeDBoss(m): 10:26am On Apr 15, 2015 |
haywire1:If only you know what trillions of dollars is. |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by bluice2(m): 10:28am On Apr 15, 2015 |
Hahahahaha. U guys r funny. A whole lot happens in the fnicial sector but not as bad as you guys are making it sound. These are just temporary declines; and which is well under control 1 Like |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Boss13: 10:30am On Apr 15, 2015 |
This is no political but rather an economic policy driven by the cbn |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by haywire1: 10:33am On Apr 15, 2015 |
JustCalMeDBoss: Get ur calculator, calculate d amount GEJ led govt has stolen so far * |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Scholes007(m): 10:38am On Apr 15, 2015 |
haywire1:No dey show how naive you are 2 Likes |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Demainman1: 10:43am On Apr 15, 2015 |
Make dem remain CHANGE!! o o o |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by chukzbozz86: 10:53am On Apr 15, 2015 |
PDP n APC dn finish d liquid cash for bank When u guyss re busy collecting from politicians why e no go finish |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by redocean: 11:01am On Apr 15, 2015 |
Adesiji77: Cash reserve ratio on private sector deposit is 20 percent. |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by miqos02(m): 11:31am On Apr 15, 2015 |
ok |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by appini: 11:44am On Apr 15, 2015 |
After all you all wanted just change, now you have it in abundance! |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by johnemeka(m): 11:48am On Apr 15, 2015 |
romi: I did exactly as u instructed an all the cards enter my MTN Line. I will thank you later. 2 Likes |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Tinyemeka(m): 1:18pm On Apr 15, 2015 |
There is no cash shortage. Or does anyone have concrete evidence of a contrary opinion? |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by TS2(m): 1:27pm On Apr 15, 2015 |
xynerise: Are you speaking from a position of authority on this matter or this is just beer parlour gist? |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by iiiyyyk(m): 1:53pm On Apr 15, 2015 |
Which country has the most stupid youths in the world? |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by micktoxin(m): 2:35pm On Apr 15, 2015 |
I was saying to a colleague last week about how we should be focusing on Japan and Nigeria rather than greece. Both have many things in common (apart from ageing population, export and Fiat system), and they both appears to be a ticking bomb at the moment. Firstly, with an ever decrease in revenue, NIGERIA could have serious liquidity problem if the current tax system dosent improve. For non Economics.The reason for running out of cash is that the system is backed too much by oil and gas like Argentina (gold). Therefore, in order to print money the country need reserves, either physical (in the case of bullion) or foreign exchange. That requires the country to keep its trade in balance over an extended period. To maintain that trade balance, the government may have to constrain the choices of its citizens which I don't think Nigeria is willing to do at the moment, hence lack of cash flow in NAIJA at the moment. Maybe I am stretching it, but I believe Nigeria is one of the few large economies having the dreadful satanic slit problem. Meaning having Fiscal, financial and monetary problem. 2 Likes |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Nobody: 5:33pm On Apr 15, 2015 |
micktoxin:Bros you sabi book well. RESPECT |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by micktoxin(m): 6:03pm On Apr 15, 2015 |
crowns2:I am no expert as I didn't study economic, but my job(Quant trader) requires some degree of knowledge about it. Just an Oxford alumni with a computing/maths background. Thanks nevertheless. |
Re: Cash Shortage Hits Banks, Overnight Lending Rate Jumps by Nobody: 7:31pm On Apr 15, 2015 |
micktoxin:Oxford Alumini? Wow!! Your school fees no waste 1 Like |
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