Recovery of Naira Linked to $7bn FX Backlog Clearance, BDCs React by Techeconomy April 2, 2024 0 Finance The gradual recovery of Nigeria’s currency, the naira, in the last few weeks has been accredited to more investment in ... Read more
Breaking: CBN Raises Benchmark MPR by 200 Basis Points to 24.75% by Techeconomy March 26, 2024 0 Finance The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 200 basis points, to a new ... Read more
MPC Raises Interest Rate from 18.75% to 22.75% by Techeconomy February 27, 2024 0 Finance Monetary Policy Committee (MPC) of the Central Bank of Nigeria has increased the interest rate to 22.75%. Yemi Cardoso, the ... Read more
MPC: Senate Confirms 12 Members of Monetary Policy Committee by Techeconomy February 23, 2024 0 Appointment Members of Monetary Policy Committee (MPC) Olayemi Cardoso (chairman) Muhammad Sani Abdullahi, CBN deputy governor; Bala M. Bello, CBN deputy ... Read more
CBN Disburses N12.65bn to Farmers in Two Months by Justice Godfrey Okamgba March 22, 2023 0 Finance According to the Central Bank of Nigeria (CBN), it has disbursed N12.65 billion to farmers through its anchor borrower program ... Read more
CBN may Increase Interest Rate after MPC Meeting Today by Justice Godfrey Okamgba January 23, 2023 0 Finance As a two-day meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) gets underway on ... Read more
Interest Rate May Surge Before Year-End, Amid Inflationary Pressure, Analysts Say by Yinka Okeowo May 25, 2022 0 Finance The Debt Management Office (DMO), projected that the total debt stock of Nigeria is likely to reach N45tn, after it revealed ... Read more