Culled—Proshare April 5, 2018/Proshare Research Introduction At the end of the first monetary policy committee’s (MPC) meeting for 2018, the committee kept its policy levers untouched. Thereby sustaining the current policy levers beyond the current period of 21 months The position hinged on the committee’s conviction to sustain the on-going […]
Money Market
New MPC Retains Rate at 14% Ninth Consecutive Time
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The new Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday decided to retain Nigeria’s Monetary Policy Rate (MPR) at 14 percent for the ninth consecutive time. Similarly, the MPC retained the Cash Reserve Ratio (CRR) at 22.5 percent and the […]
Ecobank Says Mobile App Reaches 4 Million Users Milestone in Africa
April 3, 2018/Ecobank The upgraded version of Ecobank’s revolutionary mobile app has attracted 3 million new customers in just 6 months, taking the total number of users to 4 million. The app builds on the core functionality that saw the original version applauded as a game changer for African […]
