Desirous of sustainable monetary and fiscal collaboration in efforts to pull the economy out of the current crisis, the leadership of the Central Bank of Nigeria (CBN) and the ministries of Finance, Budget and National Planning as well as Trade and Investment, at weekend,...
Employers under the aegis of the Nigeria Employers’ Consultative Association have decried the retention of the nation’s Monetary Policy Rate at 14 per cent, saying it had increased the cost of business financing.
Speaking on the state of the economy at a press conference in...
The Central Bank of Nigeria’s Monetary Policy Committee will hold its first meeting for the year today and Tuesday to review developments in the economy and probably set a new direction for growth this year.
The 11 members of the MPC meet once in two months...
The news conference by the Honourable Minister of Finance, Mrs. Kemi Adeosun on Thursday, December 1, 2016, an outcome of an audit exercise carried out and that a committee in the Office of the Accountant General of the Federation has been set up, in...
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) prepare to commence its last meeting for 2016 tomorrow, the CBN Governor, Mr. Godwin Emefiele, has signalled the likelihood of the retention of the monetary policy rate (MPR), the benchmark interest rate.
Emefiele, who gave...
The Central Bank of Nigeria borrowed N140.88bn ($448m) via short-dated Treasury bills at an auction on Wednesday, attracting lower yields across the board, except on the three-month debt that was flat, data from the CBN showed.
The CBN sold N28.12bn of the three-month paper at...
