CBN disburses N498 million towards better healthcare
The CBN, through the communique of the Monetary Policy Committee, announced the disbursement of N498 million to projects under the ...
Tag: Monetary Policy Committee
MPC retains monetary policy, pegs interest rate at 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria has voted unanimously to retain the benchmark interest rate at ...
MPC: Will the Nigerian CBN raise interest rates this week?
Economists and analysts alike are eagerly waiting to see the policy direction of the MPC of the Central Bank going ...
CBN forecast GDP growth rate of 3.2% in 2022 as Emefiele presents economic outlook
The Central Bank of Nigeria is forecasting a GDP growth rate of 3.2% in 2022. This is according to CBN ...
Amid CBN probe of FX defaulters, sales of FX to banks fall to $1.65 billion in August 2021
The Central Bank of Nigeria's total foreign exchange sales to authorised dealers (deposit money banks) declined to $1.65 billion in ...
Ghana hikes interest rate for the first time in 5 years. Will Nigeria follow suit?
For the first time since 2015, Ghana's Central Bank raised its benchmark interest rate, citing "significant" inflation risks as justification. ...
CBN’s MPC holds MPR at 11.5%, maintains all other parameters
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 11.5%, ...
Falling trend of non-performing loans indicate increasing banking sector resilience – MPC
Non-performing loans in the banking industry fell to 5.70% in June 2021 compared with 6.4% in June 2020. This bearish ...
CBN reassures Nigerians of smooth FX supply
The Central Bank of Nigeria has informed the public that it has put in place monitoring measures to guarantee that ...
CBN disburses N156.33 billion to DisCos, others to boost power supply
The Central Bank of Nigeria (CBN) has disbursed N156.33 billion to Distribution Companies (DisCos) to boost electricity supply in the ...
