At the end of Tuesday’s monetary policy meeting(MPC), The Central Bank of Nigeria (CBN) left key rates unchanged in a bid to keep up the battle against inflation. MPC said…
Read More Breaking…CBN maintains key interest rate
Category: Economy
AMCON sells Keystone Bank
The Asset Management Corporation of Nigeria (AMCON) Monday announced that it has sold Keystone Bank, one of Nigeria’s troubled commercial banks. Keystone Bank, AMCON said, was sold to Sigma Golf Nigeria…
Read More AMCON sells Keystone Bank
FOREX: CBN lifts supply with $180m…invisibles get $80m
The Central Bank of Nigeria (CBN) on Monday, March 20, 2017, offered a total of $180 million to meet bids for wholesale auction and requests for Invisibles such as medicals,…
Read More FOREX: CBN lifts supply with $180m…invisibles get $80m
Economic Recession: “We’ve started seeing signs of recovery” – Udoma
The Minister for Budget and National Planning, Udo Udoma, has announced that there are signs the national economy is on its way to recovery. The minister made the announcement on…
Read More Economic Recession: “We’ve started seeing signs of recovery” – Udoma
Emefiele, Adeosun, Udoma,Enelamah meet to harmonise fiscal and monetary policies
Desirous of monetary and fiscal collaboration in order to pull the Nigerian economy of the current crunch, economic management leaders from the Central Bank of Nigeria (CBN) and the Ministries…
Read More Emefiele, Adeosun, Udoma,Enelamah meet to harmonise fiscal and monetary policies