CBN: Banking sector resilient as 14 banks hit new capital threshold
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that 14 banks have successfully met the apex ...
Tag: CBN MPC
“MPR Should Be Over 30%!” — Esili Eigbe Sparks Fire on Drinks and Mics
On the latest episode of Drinks and Mics, Esili Eigbe, Executive Director of Escap Management, joined Ugodre Obi-Chukwu, Tunji Andrews, ...
NGX All-Share Index records 33.81% growth in H1 2024 amid economic challenges
Equities trading on the Nigerian Exchange Limited (NGX) concluded the first half of 2024 (January-June) with notable positivity, propelled by ...
Stock market Investors lose N3.57 trillion in April amid CBN policies
The NGX All-Share Index experienced a significant decline in April, losing N3.57 trillion in market value. This downturn represents ...
CBN raises MPR to 22.75% up 400 basis points
The Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75%.
MPR Hike: Personal statements show CBN MPC members division on how to combat galloping inflation
In a majority decision at the Monetary Policy Committee (MPC) meeting in July, the Central Bank of Nigeria (CBN) voted ...
