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MPC: Experts predict CBN's monetary policy decision

The CBN, at its last meeting, raised the MPR significantly by 200 basis points to 24.75 per cent from 22.75 per cent amid soaring inflation.

Nigeria: CBN Raises Benchmark Interest Rate

CBN raises benchmark interest rate

The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the CRR of merchant banks from 10 per cent to 14 per cent.

Recapitalisation: Setting New Stage For Banking Sector

Days after the CBN’s call for banks to expedite their recapitalisation efforts, the unveiling of new minimum capital requirements underscores the gravity of

Foreign investors stage comeback to Nigeria

Foreign investors are staging a comeback for government securities, following a hike in benchmark interest rates by Nigeria’s Central Bank.