By Ademola Alawiye Monday, 22 Nov 2010 Financial analysts have urged the Monetary Policy Committee to maintain a base-lending rate of 6.25 per cent in order to encourage credit creation in the real sector. Analysts at First Securities Discount House Securities said, ”The development in the money market will be influenced […]

By Stanley Opara Monday, 22 Nov 2010 Stakeholders in the financial sector have said that the Central Bank of Nigeria’s refusal to rush the recapitalisation process of rescued banks will pave the way for successful deals. The experts, who spoke in separate interviews with our correspondent on Saturday, said for the […]

By Ademola Alawiye Monday, 22 Nov 2010 Analysts have urged the Central Bank of Nigeria to mop up excess liquidity in the system so as to further reduce inflation rate in the economy. Inflation rate dropped for the second consecutive month in October to 13.4 per cent from 13.6 per cent […]