Experts commend CBN for cutting lending rate to 13.5%
The Cash Reserve Ratio (CRR) was retained at 22.5 per cent and Liquidity Ratio (LR) at 30 per cent.
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The Cash Reserve Ratio (CRR) was retained at 22.5 per cent and Liquidity Ratio (LR) at 30 per cent.
The decision was reached at the monetary policy committee meeting of the CBN on Tuesday.
Damage by financial institutions to the economy through approval of fictitious loans worse than corruption.
The LCCI says restriction poses threat to the fashion industry.
Commends CBN’s policy to restrict access to FOREX for all forms of textile materials
Culprits may be barred from operating bank accounts in Nigeria
The materials will be distributed on Wednesday.
He rejects the number of votes tallied for him by the INEC, saying it did not represent anything close to ...
Customers in the Small and Medium Enterprises segment received 55 million dollars.
A dollar exchanged for N360 at the Bureau de Change (BDC) segment of the foreign exchange market.
Traders say the market witnessed low patronage, which they attribute to the election week.
Armed soldiers patrolled the area to ensure that nothing happened to the material.
The rescheduled presidential and National Assembly elections hold on Saturday.
The bank says the interventions were in continuation of its resolve to sustain the high level of stability in the ...
The sensitive materials comprise ballot papers and result sheets earlier distributed to the 25 LGAs.
The sensitive materials are to be re-distributed to the local government areas on Thursday, ahead of February 23 Elections.
The commission says the materials have been kept in the CBN for safe keeping.
Adebayo Adelabu also speaks on campaign finance and his relationship with other Oyo APC governorship candidates.
Mr Mailafia is a former deputy governor of the Central Bank of Nigeria
Naira on Tuesday, January 29 continued to exchange at an average of N360/$1.
The dollar-denominated interventions are mainly for transactions in the agricultural and raw materials sectors.
The Nigerian currency exchanged at N362.5, weaker than N362 traded on Wednesday.
The apex bank's action has left many questions unanswered.
The MPR, the rate the CBN lends to commercial banks, has remained unchanged at 14 per cent for 30 consecutive ...
The Nigerian currency exchanged at N362.79.
