CBN sells $20,000 to BDCs at N1590 per dollar exchange rate
In a move that has sent shockwaves through Nigeria's financial landscape, the Central Bank of Nigeria's Monetary Policy Committee (MPC) has once again defied expectations.
MAN has expressed deep concern over the latest MPR hike, stating that it will increase borrowing costs, depress manufacturing ...
Daily Post Nigeria on MSN2d
CBN interest rate hike will kill investments – NACCIMA, business ownersKey players in the Nigerian business and economic sector have kicked against the recent interest rate hike by the Central ...
There were serious infractions that needed to be looked at. That was the reason. But somehow, the time was short. So before ...
The Manufacturers Association of Nigeria has called on the Central Bank of Nigeria to stop increasing the monetary policy ...
The MPR, set by the Monetary Policy Committee, MPC, of the CBN is a benchmark of the interest rate charged by banks to their customers. This is just as an analyst at Renaissanceafrica Company, Mr.
Former President, Dr. Jonathan, and the Emir of Kano, Muhammad Sanusi II, on Thursday, disagreed over the removal of the Emir ...
The CBN’s core mandate includes stabilising prices and the exchange rate, but other options can be explored, especially on the fiscal side. A fixation on interest rate hikes ignores the need to ...
The Nigerian Bureau of Statistics, NBS, yesterday, announced that Nigeria's unemployment rate grew by 1.2 percentage points to 5.3 per cent year-on-year, YoY. This came on a day the Central Bank of ...
Daily Post Nigeria on MSN23h
Naira appreciates after CBN interventionThe naira appreciated massively against the dollar in the foreign exchange market 24 hours after the Federal Bank of Nigeria ...
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