(Credit: heckepics/iStock by Getty Images) November 26, 2024/IMFBlog Discussions at the Bank of Mongolia’s recent international conference marking its centennial highlighted an important policy issue: how to better align monetary and fiscal policies to tackle high inflation. Ideally, monetary and fiscal policies should operate like a rider on a horse, working […]
Author: InvestAdvocate
MPC Increases the MPR by 25bps to 27.50%
November 26, 2024/Cordros Update The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Raise the MPR by 25bps to 27.50% (Previously: 27.25%) Retain the asymmetric corridor at +500bps/-100bps Retain the CRR for Deposit Money Banks at 50.0% and Merchant Banks at 16.0% […]
eFinance Investment, Cassava Technologies Sign Partnership to Drive Business Expansion Across Egypt, Africa
This collaboration aims to introduce innovations to the Egyptian market, drawing on eFinance’s robust presence and trusted reputation and Cassava Technologies’ pan-Africa reach and global partnerships November 26, 2024/Cassava Technologies eFinance Investment Group and Cassava Technologies have signed an agreement to explore and identify opportunities for collaboration and joint expansion […]
