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.
Tag: Monetary Policy Committee
The monetary authorities opted for a wait-and-see approach
The CBN’s disposition remains biased towards supporting economic growth.
What is on Godwin Emefiele’s mind?
With an unassuming personality, Godwin Emefiele controls the monetary policies of Nigeria and on his judgment, depends the economic destiny ...
CBN says banks create N2 trillion new loans in 6 months
Central Bank of Nigeria's monetary policy committee has disclosed that banks have created about new N2 trillion loans in the ...
Banking: Surprise hike in CRR-Implications for banks
At the end of the first MPC meeting for the year, which was concluded on 24 January, the committee decided ...
CBN raises CRR to 27.5%, holds MPR, other parameters constant
The Monetary Policy Committee of the Central Bank of Nigeria (@cenbank) has raised the Cash Reserve Ratio by 500 basis ...
Nigeria’s 3.46 trillion fiscal deficit, a source of concern – MPC Member
A member of the CBN’s Monetary Policy Committee (MPC) has expressed concerns about the increasing fiscal deficit of the Nigerian ...
No surprise as MPC retains policy rates, balancing effects between rising inflation and tepid growth
The Monetary Policy Committee (MPC) of the CBN maintained status quo on all policy rates at the meeting which ended ...
Nigeria pays $1.09 billion to service external debt in 9 months
The CBN disclosed that the Federal Government paid $1.09 billion to service its debts between January and September 2019.
This is when CBN will cut Monetary Policy Rate – Emefiele
CBN Governor, Godwin Emefiele, has disclosed that the apex bank would move to further cut the MPR if inflation drops to a ...
