Why CBN fails to ease monetary policy rate in three years – Expert
The Chief Executive Officer of the Economic Associates, Mr. Ayo Teriba at the weekend said the Central Bank of Nigeria ’s Monetary Policy Committee has retained interest rate at 14 percent for the past three years owing to what he called “inertia” in the nation’s economy.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oyo guber 2019: Why I resigned as CBN Deputy Governor to join politics – Adelabu - Daily Post NigeriaThe gubernatorial candidate of the ruling All Progressives Congress (APC), in the March 9 election in Oyo State, Mr. Adebayo Adelabu on Wednesday declared
Read more »
CBN says Nigeria records 57.1 PMI points as at February – Daily TrustThe Central Bank of Nigeria (CBN), said the Manufacturing Purchasing Managers’ Index (PMI) stood at 57.1 index points as at February, indicating an expansion in the manufacturing sector for 23 consecutive months. The CBN said this in its monthly “Purchasing Managers’ Index (PMI) Survey Report’’ by the Statistics Department posted on its Website.ADVERTISEMENT The report …
Read more »
Forex: CBN injects $268.4m, CNY46.3m into retail SMIS – Daily TrustThe Central Bank of Nigeria (CBN) on Friday, February 22, 2019, made an intervention of $268.4million in the retail Secondary Market Intervention Sales (SMIS) and CNY46.3 million in the spot and short tenored forwards segment of the inter-bank foreign market. The Director, Corporate Communications Department, Central Bank of Nigeria, Isaac Okorafor, said the intervention was …
Read more »
Forex: CBN boosts market with $210m – Daily TrustThe Central Bank of Nigeria (CBN) has injected $210 million into the inter-bank Foreign Exchange Market. Figures released by the apex bank, yesterday, indicated that authorised dealers in the wholesale segment of the market were offered $100million, while the Small and Medium Enterprises (SMEs) segment received $55 million.ADVERTISEMENT Similarly, customers requiring foreign exchange for invisibles …
Read more »
Why Sokoto people won't re-elect Tambuwal – APC Reps-elect – Daily TrustA House of Representatives member-elect for Shagari-Yabo federal constituency, Abubakar Umar, on Sundaysaid the people of Sokoto would not re-elect Governor Aminu Waziri Tambuwal because he has done nothing for them.
Read more »
Nigeria elections: Why Buhari defeated Atiku — Prophet Omale - Daily Post NigeriaThe founder of the Divine Hand of God Ministries International, Abuja, Prophet Emmanuel Omale, says the re-election of President Muhammadu Buhari was ordai
Read more »
Why Atiku can't prove his case in court - Agbakoba - Daily Post NigeriaOlisa Agbakoba, a Senior Advocate of Nigeria, SAN, has explained why the Peoples Democratic Party, PDP, and its presidential candidate, Alhaji Atiku Abubak
Read more »
Real Madrid vs Barcelona: Mourinho reveals why Sergio Ramos elbowed Messi - Daily Post NigeriaJose Mourinho has given reasons why Real Madrid captain, Sergio Ramos, elbowed Lionel Messi, during their 1-0 loss to Barcelona on Saturday. The LaLiga lea
Read more »
Buhari vs Atiku: Obiano reveals why he supported APC, mocks Igbo leaders - Daily Post NigeriaWillie Obiano, Anambra State Governor has revealed that he supported President Muhammadu Buhari of the All Progressives Congress, APC, because he knew befo
Read more »
Why Kajuru keeps erupting in crisis – Daily TrustIn July 2017, not less than 32 persons lost their lives in a tit-for-tat attack that followed an alleged assault on a Fulani youth and subsequent killing of his father by some youths in Kajuru, Kaduna State. There was complete breakdown of law and order for several hours when some Fulani youths went to a …
Read more »