MPC: Experts predict CBN's monetary policy decision
The CBN, at its last meeting, raised the MPR significantly by 200 basis points to 24.75 per cent from 22.75 per cent amid soaring inflation.
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The CBN, at its last meeting, raised the MPR significantly by 200 basis points to 24.75 per cent from 22.75 per cent amid soaring inflation.
The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the CRR of merchant banks from 10 per cent to 14 per cent.
Days after the CBN’s call for banks to expedite their recapitalisation efforts, the unveiling of new minimum capital requirements underscores the gravity of
Foreign investors are staging a comeback for government securities, following a hike in benchmark interest rates by Nigeria’s Central Bank.
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