News In : Economy   (Page 8)
  • Naira’s Long-road to Stability
  • The measures introduced by the Central Bank of Nigeria (CBN) to curb foreign exchange (forex) volatility have taking the naira for shaky grounds to stability. COLLINS NWEZE writes that the introduction of Investors&rsquo[...]
  • Date Posted:: 09/Apr/2018
  • Interbank Liquidity Rises on Treasury Bills Repayment
  • Liquidity in the banking system increased to N1.2 trillion as repayment for treasury bills hit the system. Specifically, the development was attributed to the spill–over effect of Central Bank of Nigeria (CBN)repa[...]
  • Date Posted:: 09/Apr/2018
  • MPC and the Blind Leading The Blind
  • The Central Bank’s Monetary Policy Committee, on Wednesday, April 4, 2018, decided to retain its Monetary Policy Rate at 14 per cent, while the mandatory Cash Reserve Ratio for banks would remain at 22.5 per cent.[...]
  • Date Posted:: 09/Apr/2018
  • Domestic Debt Servicing Gulps N3.72tn in Three Years
  • The Federal Government has spent a total of N3.72tn to service local debts in the past three years, statistics available from the Debt Management Office have shown. According to latest statistics made available by the D[...]
  • Date Posted:: 05/Apr/2018
  • CBN Retains Monetary Policy Rate at 14%
  • The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, left the Monetary Policy Rate unchanged at 14 per cent. Governor of the apex bank, Godwin Emefiele, announced the decision of the committee at[...]
  • Date Posted:: 04/Apr/2018
  • Nigeria Realises N3.254tr in Q4 of 2017
  • Nigeria realized N3.254trillion from crude oil export in the fourth quarter (Q4) of 2017, representing 83.2 per cent of the highest proportion of the country’s total exports during the period under review.Besides,[...]
  • Date Posted:: 08/Mar/2018
  • IMF Urges Confirmation of MPC Members, Directors of CBN
  • The Director of the International Monetary Fund (IMF) has urged the Nigerian Senate to confirm the Monetary Policy Committee (MPC) members of the Central Bank of Nigeria (CBN), as well as the Bank’s deputy governor[...]
  • Date Posted:: 08/Mar/2018
  • Economic Growth may Hit 2.2% This Year, Rewane Predicts
  • The Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismark Rewane, says economic growth in Nigeria may hit 2.2 per cent this year, notwithstanding the upcoming general elections. He posited that t[...]
  • Date Posted:: 05/Mar/2018
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