Updates

MPC Raise Policy Rate by 100Bps to 17.50%

January 24, 2023/InvestmentOne Update At the 1st MPC meeting of the year, the Committee unanimously voted to RAISE policy rate further by 100bps to 17.50% with other policy parameters unchanged. Other parameters retained were: The asymmetric corridor of +100/-700 basis points around the MPR; The CRR at 32.50%; and The […]

Rapid Response: MPC Increases the MPR Further by 100bps

January 24, 2023/Cordros Update In line with our expectation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its first meeting of the year, decided to: Raise the MPR further by 100bps to 17.50%; Retain the asymmetric corridor of +100/-700bps around the MPR; Retain the CRR at […]

Ivanhoe Mines and SES to Continue Deploying Low-latency Satellite Connectivity in Africa

Extended partnership will see Kamoa-Kakula Copper Project in the DRC benefit from SES’s O3b high-throughput, low-latency medium earth orbit connectivity to support industry-leading operational technologies and staff welfare January 23, 2023/Aetoswire The Kamoa-Kakula Copper Project in The Democratic Republic of Congo will continue to enjoy high-speed satellite-based connectivity services as […]