How interest rates impact your wallet
It is imperative to understand how interest rates impact our wallets.
Tag: Monetary Policy Committee (MPC)
CBN lends DisCos N18.5 billion to procure meters
The CBN has given a loan facility to DisCos in support of the Federal Government's National Mass Metering Programme.
CBN to hold MPC meeting next week
The CBN's highest monetary policy decision-making body, the MPC is set to hold its meeting.
UPDATED: CBN retains MPR at 12.5%
MPR, Cash Reserve Ratio (CRR), Liquidity ratio, and asymmetric corridor remain unchanged.
CBN to hold MPC meeting on July 20
Apex bank to hold its 274th Monetary Policy Committee meeting on Monday, July 20, 2020.
CBN says 17 banks to restructure over 32,000 loans
Manufacturing and general commerce sectors constitute the bulk of the restructured facilities.
CBN shifts MPC meeting to Thursday
MPC meeting was shifted due to the public holidays the Federal Government declared, which coincide with the old dates chosen ...
Updated: CBN debits banks N1.4 trillion for failing to meet CRR targets.
The Central Bank of Nigeria has debited commercial banks in Nigeria a whopping sum of N1.4 trillion for failing to ...
Bankers decry rise in public debt, weak economy
Several bankers in the country have expressed worries over the huge amount of debt apportioned to debt servicing.
CBN clears air on Diaspora Remittances, official inflows $2.6bn not $26bn
The Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the ...