CRR Deductions: CBN Debits 15 Nigerian Banks N838.8 billion
The Central Bank of Nigeria (CBN) has debited Nigerian banks a sum of N838.82 billion to mop up liquidity from the Nigerian economy.
About fifteen banks were debited a sum of N838.82 billion for not meeting the...
FGN Bond: Tight Monetary Policy Threatens FG’s N720bn Borrowing Plan
The Federal Government’s plan to borrow about N720 billion through FGN bond auctions in the third quarter, Q3’22, has come under fresh threat following increasing investors’ appetite for higher yields triggered by the adoption of...
‘Monetary Policy Will Determine Share Prices’
The performance of Nigerian stocks in the year will depend on the monetary policy direction of the Central Bank of Nigeria (CBN).
In its 2021 outlook entitled: “Nigeria Economic Outlook 2021: A shot at recovery”, United Capital Plc stated that...
The Coalition of Civil Society Groups in Nigeria have come out in defense of President Muhammadu Buhari’s Economic Team and the monetary policies of the Central bank of Nigeria(CBN) led by Mr. Godwin Emefiele.
In a protest led by the President of the Coalition Mr....
Nigeria’s Central Bank should impose restrictions on short-term portfolio investment flows to prevent damage caused to Africa’s biggest economy if investors exit at short notice, a member of its monetary policy committee (MPC) has said.
Chibuike Uche, an academic, said history has shown that such...
