Business confidence in Nigeria impacted by insecurity – CBN
The Central Bank of Nigeria has disclosed that the rising insecurity is affecting business confidence in Nigeria and overall economic ...
Tag: Monetary Policy Committee
Why Egypt attracts more FPIs than Nigeria
Egypt’s high real interest is an upspring of combating inflation as far back as 5 years ago.
CBN says bank credit grew by N290 billion in 6 weeks as lending rates drop
The CBN has disclosed that the gross credit to the economy grew by N290.13 billion in about 6 weeks.
Total credit to the economy rose to N19.54trillion – CBN Governor
The CBN revealed during the MPC meeting that the total credit to the economy rose to N19.54tn as of the ...
CBN Governor alleges parallel market used for bribes and corruption
Emefiele has said that the parallel market is a tainted market where illegal foreign exchange transactions take place.
CBN sequesters N321.6 billion from banks in new CRR Debits
Information gathered by Nairametrics reveals about 17 banks had their vaults debited by the apex bank in CRR sequesters.
Banks’ loans to private sector increase by N3.50 trillion in one year – CBN
The document stated that the credit was stimulated by the policy on Loan-to-Deposit Ratio (LDR).
CBN to set up $39.4 billion infrastructure development company with AFC, NSIA
This entity will be co-owned by the CBN, AFC and the NSIA.
CBN says 22 banks to restructure over 35,000 loans due to COVID-19
This is seen as part of measures by the apex bank to curb the rise in non-performing loans.
The monetary authorities opted for a wait-and-see approach
The CBN’s disposition remains biased towards supporting economic growth.
