February 20, 2025/CBN The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 299th meeting on the 19th and 20th of February 2025 to review recent economic and financial developments and assess the risks to the outlook for 2025. All twelve members of the Committee were […]
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EBRD and EU Foster Energy Efficiency in Egypt’s Cement Industry
Image Credit: EBRD February 20, 2025/EBRD By Nibal Zgheib EBRD and EU join forces to foster energy efficiency in Egypt’s cement industry EBRD financing will promote energy-efficient technology, reducing CO2 emissions by 130,000 tonnes a year Facility will be supported by an EU-funded financial guarantee via the European Fund for Sustainable […]
MPC Decision – February 2025
February 20, 2025/Coronation Research Monetary Policy Committee (MPC) Decision (all 12 members were in attendance) The MPC held Monetary Policy Rate steady at 27.50%. The asymmetric corridor around the MPR was retained +500bps /-100bps. Cash Reserve Ratio for Deposit Money Banks retained at 50.00%. CRR for Merchant Banks retained at […]
