Money Market

MPC Maintains Status Quo: Retains MPR at 11.5%

March 23, 2021 By InvestAdvocate Lagos (INVESTADVOCATE)-The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) at 11.5 percent. Also, the Liqudity Ratio and Cash Reserve Ratio (CRR) at 30 percent and 27.5 percent respectively. Details later…..  

FirstBank CEO Lists Technology, Capacity as Key for Post COVID-19 Growth

…Thumbs up mobile banking (FirstMobile) and USSD (*894#) platforms March 22, 2021/FirstBank of Nigeria By Bolaji Israel Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced capabilities have become necessary to achieve significant business growth in the post-COVID-19. Adeduntan made this remark on […]