CBN hikes policy rate to 13% in line with expectations, inflation-served à la carte
BY CHARLES ABUEDE The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), after its meeting on Tuesday chaired by Godwin
$20 FX spend limit on back of scarcity to become widespread
BY: CHARLES ABUEDE On the heels of the decision by the Central Bank of Nigeria (CBN) to put a stop to the sale of foreign exchange to
Total banking credit grew 1.75% to N43.67trn between January and February 2021 – CBN
…. Records 0.3% marginal increase in broad money supply resulting from NFA contractions Charles Abuede Recent data
CBN releases N253.4m in grants award to healthcare researchers to check pandemic and develop Nigerian vaccines
Charles Abuede The Central Bank of Nigeria (CBN) has released the sum of N253.4 million in grant to check the covid-19 pandemic and as
Investors caught off-guard by CBN’s MPC meeting earlier than planned
…Apex bank purchasing premium tickets to join global easing train Many domestic and international investors were caught off
Nigeria’s central bank governor, Emefiele elected WAMZ chairman
Godwin Emefiele, Nigeria’s central bank governor has been elected chairman of the West Africa Monetary Zone (WAMZ) at the ongoing
NIBSS assures Nigerians on safety of electronic payment system as CBN develops risk-based cyber security framework for banks
The Nigeria Inter-Bank Settlement System (NIBSS) has assured Nigerians of the safety of the electronic payment system in Nigeria, this
Nigeria N1.06trn CP market to receive boost as CBN plans lending directly to companies via instrument
Nigeria’s growing commercial papers (CPs) market, which rose from a near zero level in 2013 to over N1.06 trillion as at May 2018,
7 Nigeria MPC members vote to retain monetary policy rates for 11th consecutive time
Seven out of nine members of the Central Bank of Nigeria’s (CBN) monetary policy committee (MPC) on Tuesday voted to leave the
Nigeria’s MPC holds rates as steady decline in inflation fails to impress members for a cut
Nigeria’s monetary policy committee (MPC) Tuesday voted to retain monetary policy rate (MPR) at 14 percent as well as other benchmark