Tuesday, April 23, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "monetary policy committee"

MPC member: CBN interventions, Ways and Means abuse caused macro-economic instability

    MPC member: CBN interventions, Ways and Means abuse caused macro-economic instability

Murtala Sagagi, a monetary policy committee (MPC) member, says the excessive financial intervention by the Central Bank of Nigeria (CBN) and abuse of ways and means caused macroeconomic instability in

0 comment Read Full Article

Fiscal issues affecting MPR impact, say experts ahead of MPC meeting

    Fiscal issues affecting MPR impact, say experts ahead of MPC meeting

After postponing the monetary policy committee (MPC) meeting twice in the second half of 2023, the decision-making body of the Central Bank of Nigeria (CBN) will finally meet on February

0 comment Read Full Article

Senate confirms Cardoso as monetary policy committee chairman

    Senate confirms Cardoso as monetary policy committee chairman

The senate has confirmed Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), as the chairman of the monetary policy committee (MPC). On Thursday, the upper legislative chamber also

0 comment Read Full Article

CBN raises CRR to 32.5%, to debit banks’ accounts Thursday

    CBN raises CRR to 32.5%, to debit banks’ accounts Thursday

The Central Bank of Nigeria (CBN) has directed all commercial banks to fund their accounts by Thursday to allow for the mopping-up of liquidity. The development is coming after the monetary policy

0 comment Read Full Article

‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

  ‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at

0 comment Read Full Article

Improved crude oil prices push Nigeria’s external reserve to $36.23bn

  Improved crude oil prices push Nigeria’s external reserve to $36.23bn

The Central Bank of Nigeria (CBN) says Nigeria’s foreign exchange reserves rose from $34.94 billion in November 2020 to $36.23

0 comment Read Full Article

CBN: We have not barred banks from investing in treasury bills

  CBN: We have not barred banks from investing in treasury bills

The Central Bank of Nigeria (CBN) says it has not barred commercial banks in the country from investing in treasury

0 comment Read Full Article

How CBN rate cut is likely to affect the naira

  How CBN rate cut is likely to affect the naira

Analysts and market-watchers were, in no doubt, shocked when the monetary policy committee of the Central Bank of Nigeria announced

0 comment Read Full Article

CBN MPC reduces interest rate — two years after retaining 14%

  CBN MPC reduces interest rate — two years after retaining 14%

The monetary policy committee of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate by 50 basis

0 comment Read Full Article
error: Content is protected from copying.