DMO opens bonds offer for September with Interest at 18.20%
The Federal Government of Nigeria, through the Debt Management Office (DMO), has opened offers for subscription to Federal Government of ...
Tag: Monetary Policy Committee
Three MPC members vote to retain interest rate at 26.25% during July meeting
At least three members of the Monetary Policy Committee (MPC) voted to retain the Monetary Policy Rate (MPR) at 26.25% ...
Nigeria’s capital importation hits $5.92 billion in six months – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has disclosed that capital importation has risen to $5.92 ...
Nigeria’s external reserve now $37 billion – Cardoso
Nigeria’s external reserves have increased yet again, reaching $37.05 billion as of July 18, 2024.
CBN raises interest rate by 50 basis points to 26.75%
The Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate by 50 basis points from 26.25% to ...
Nigeria’s external reserves surge to $34.66 billion, highest level in 13 months
Nigeria’s external reserves have increased yet again, this time by $1.88 billion to $34.66 billion as of July 4, 2024, ...
Nigeria’s external reserves surges to $34 billion, first time since March
Nigeria's external reserve rose hit a new milestone in June rising to $34.07 billion,the highest level since March 2024.
“Why I support higher interest rates in Nigeria” – Cardoso
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has emphasized the necessity of maintaining higher interest rates ...
Nigeria’s money supply rebounds to historic N96.97 trillion in April 2024, defying MPC’s tightening measures
Nigeria’s money supply (M3) has surged to a new peak of N96.97 trillion in April 2024, reflecting a significant recovery ...
Foreign exchange swaps fuelling decline in Nigeria’s FX reserves – MPC member
A member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Bamidele A.G. Amoo, has said ...
