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MPC may raise interest rate again Tuesday

Analysts have projected that the Monetary Policy Committee of the Central Bank of Nigeria, which commenced its third meeting of the year on Monday, is likely to increase the benchmark rate. ....

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Naira Sells At 1,430/$ On Parallel Market On Rising Demand

The foreign exchange (FX) market opened on Monday, with the naira exchanging with the dollar at 1,430 on the parallel market, popularly called black market. ....

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MPC: Experts predict CBN's monetary policy decision

The CBN, at its last meeting, raised the MPR significantly by 400 basis points to 22.75 per cent from 18.75 per cent amid soaring inflation ....

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Forex Inflow: NNPC Under Pressure Over Naira Depreciation

Economists and industry stakeholders have offered divergent views on how to halt the slide of the Naira against the United States dollar, with most of them ....

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Bank recapitalisation: Presidency backs CBN, investors rush for mega-banks stocks

Presidency on Tuesday expressed support for the banking sector consolidation initiative of the Central Bank of Nigeria, saying it would help the country to grow the economy to a new height. ....

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