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Tag "monetary policy committee"

CBN raises CRR to 32.5%, to debit banks’ accounts Thursday

    CBN raises CRR to 32.5%, to debit banks’ accounts Thursday

The Central Bank of Nigeria (CBN) has directed all commercial banks to fund their accounts by Thursday to allow for the mopping-up of liquidity. The development is coming after the monetary policy

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‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

    ‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent. Godwin Emefiele, the CBN governor, announced the committee’s

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Improved crude oil prices push Nigeria’s external reserve to $36.23bn

    Improved crude oil prices push Nigeria’s external reserve to $36.23bn

The Central Bank of Nigeria (CBN) says Nigeria’s foreign exchange reserves rose from $34.94 billion in November 2020 to $36.23 billion as of January 21, 2021. These figures were provided

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CBN: We have not barred banks from investing in treasury bills

  CBN: We have not barred banks from investing in treasury bills

The Central Bank of Nigeria (CBN) says it has not barred commercial banks in the country from investing in treasury

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How CBN rate cut is likely to affect the naira

  How CBN rate cut is likely to affect the naira

Analysts and market-watchers were, in no doubt, shocked when the monetary policy committee of the Central Bank of Nigeria announced

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CBN MPC reduces interest rate — two years after retaining 14%

  CBN MPC reduces interest rate — two years after retaining 14%

The monetary policy committee of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate by 50 basis

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CBN MPC retains interest rate at 14% for 11th consecutive time

  CBN MPC retains interest rate at 14% for 11th consecutive time

The monetary policy committee of the Central Bank of Nigeria has retained monetary policy rate at 14% for the 11th

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Aishah Ahmad: 2019 election spending may increase inflation

  Aishah Ahmad: 2019 election spending may increase inflation

Aishah Ahmad, deputy governor at the Central Bank of Nigeria (CBN), says the anticipated spending for the 2019 election may

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Spend or save: CBN’s confusing policy signals

  Spend or save: CBN’s confusing policy signals

The Central Bank’s monetary policy committee [MPC] ended its meeting in June last year blaming the fiscal authorities for not

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