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MONETARY POLICY COMMITTEE
The Central Bank of Nigeria (CBN) has disbursed N156.33 billion to Distribution Companies (DisCos) to boost electricity supply...
The Central Bank of Nigeria has disclosed that the rising insecurity is affecting business confidence in Nigeria and...
Egypt’s high real interest is an upspring of combating inflation as far back as 5 years ago.
The CBN has disclosed that the gross credit to the economy grew by N290.13 billion in about 6 weeks.
The CBN revealed during the MPC meeting that the total credit to the economy rose to N19.54tn as of the end of November 13.
Emefiele has said that the parallel market is a tainted market where illegal foreign exchange transactions take place.
Information gathered by Nairametrics reveals about 17 banks had their vaults debited by the apex bank in CRR sequesters.
The document stated that the credit was stimulated by the policy on Loan-to-Deposit Ratio (LDR).
This entity will be co-owned by the CBN, AFC and the NSIA.
This is seen as part of measures by the apex bank to curb the rise in non-performing loans.
The CBN’s disposition remains biased towards supporting economic growth.
With an unassuming personality, Godwin Emefiele controls the monetary policies of Nigeria and on his judgment, depends the economic destiny for Nigeria.