Background The Monetary Policy Committee met on the 20th and 21st of March, 2017, against the backdrop of persistent uncertainty in the global economy, stemming from economic and socio-political developments…
Read More CBN Communique No. 112 of the MPC Meeting – March 20-21, 2017
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
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 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
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