Consumer goods inflation rose to 15.7 per cent in February amid fuel scarcity and foreign currency shortage.However, at the end of the committee meeting Monday, the CBN governor,The other parameters that were retained include the cash reserve requirement at 27.5 per cent, liquidity ratio at 30 per cent, and the asymmetric corridor at +100/-700 basis points around the MPR.
The CRR is the funds kept with the CBN as a minimum deposit a commercial bank must hold as reserves, which they cannot lend out to
Source: Loan Digest (loandigest.net)
These people are bent on frustrating the capacity of local businesses to access critical capital for expanding their operations. You keep doing the same thing and expecting different results! Is this how to sustain d Ease of Doing Business Policy of the FG.
see my naked photos
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
BREAKING: After MPC Meeting, CBN Promises Support For NNPC To End Fuel ScarcityThe Central Bank of Nigeria (CBN) has said it will engage with the Nigeria National Petroleum Company (NNPC) Limited to find ways to end the lingering fuel You are responsible for what's going on and yet have no clue to how to change the mad hemorrhaging that the country is going thru. How can a corrupt and broken entity call on the help of another corrupt and broken entity? CBN support rice farmers CBN supports NNPC When will CBN support the economy?
Source: LeadershipNGA - 🏆 4. / 77 Read more »
CBN leaves benchmark interest rate at 11.5% | TheCableThe monetary policy committee of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which measures interest rate, at 11.5 percent. The monetary policy rate (MPR)
Source: thecableng - 🏆 2. / 80 Read more »
JUST IN: CBN Retains Benchmark Interest Rate At 11.5%The Central Bank of Nigeria’s Monetary Policy Committee has retained the Monetary Policy Rate (MPR) at 11.5% and kept all other parameters unchanged. CBN Governor Godwin Emefiele made the announcement while addressing journalists on Monday. The MPR, which has remained unchanged for months, is a tool for regulating interest rates in the economy. Lowering … Continue reading JUST IN: CBN Retains Benchmark Interest Rate At 11.5% Emefele's blatant lie about covid pandemic is amazing and musing.I got tired watching the lie and angrily changed the channel.
Source: channelstv - 🏆 7. / 63 Read more »
Customs makes U-turn, backs CBN e-invoicing policy, despite protests from stakeholdersThe Central Bank of Nigeria (CBN) has received the backing of the Nigeria Customs Service (NCS) for its e-invoicing and e-valuation policy, which has led
Source: Daily Trust - 🏆 13. / 51 Read more »
5000 Imo farmers to get N3m CBN/NALDA revolving loansThe Executive Secretary of the National Agricultural Land Development Authority (NALDA), Paul Ikonne, has disclosed that about 5000 farmers
Source: GuardianNigeria - 🏆 1. / 94 Read more »
IMF asks CBN to scale back credit intervention schemes - Punch NewspapersThe most widely read newspaper in Nigeria IMF why always africa IMF dey ment I swear
Source: MobilePunch - 🏆 8. / 63 Read more »