Politics
General news on the economy and politics.
Sorry Folks: CBN Won’t Rush To Cut Interest Rates – Sanusi
Just like I expected; The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday restated that...
Read moreDetailsConfirmed: 7 Nigerian States Control 90% Of Cash Transactions In Nigeria. (See List)
This is worth Noting "The Central Bank of Nigeria (CBN) has said Lagos and the six other states control about...
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Confirmed===>” Low Interest Rate Not Feasible” CBN
Not like it's anything new but to hear it from the CBN itself is worth noting. “Everywhere in the world,...
Read moreDetailsAMCON Tenure Actually Begins in 2014 Not 2010!!!! Sanusi
Don't worry I am as gobsmacked as you are. Anyway, the CBN Gov was quoted as follows; About Lifespan...
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Is This The World Bank PR Video That Jump Started The Positive Economic Image of Nigeria Worldwide
Like I've said recently Nigeria has been getting some good PR on the economic front lately. Its hard not...
Read moreDetailsVideo: CBN Monetary Policy Briefing May 21, 2013
The CBN Monetary Policy Committee on Tuesday, 21st May 2013 agreed to retain the MPR at 12%. Below is the...
Read moreDetailsCurrency Defence: Ghana Increases Its MPR To 16%
Just as Nigeria announced a 15 straight month maintenance of its MOR at 12% Ghana on the other hand increased...
Read moreDetailsOfficial: For The 15th Straight Month CBN Keeps MPR At 12%
The Central Bank for the 15th straight month has decided to keep Monetary Policy Rate ( MPR) at 12...
Read moreDetailsSkye Bank Plans to Raise $150million Tier 2 Capital in Q2/Q3
Media reports confirm Skye Bank Plc is planning to raise about $150million in Tier Two Capital (Bonds or Preference Shares...
Read moreDetailsIt’s official: NIBBS, NEFT generate N80B online transfers daily
It appears cash-less banking is finally delivering on its promises. The CBN has just confirmed that online banking transfer between...
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