In Your Interest
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 […]
… Donates N8bn to Presidential Library, Pledges N2bn Annually Until Completion February 20, 2025/Dangote Group The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has praised former Head of State, Gen. Ibrahim Badamasi Babangida, popularly known as IBB, for implementing policies that liberated the private sector in Nigeria […]
February 20, 2025/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) halted its policy rate tightening cycle at the first meeting of the year, marking the first pause since it began raising rates in May 2022. The MPC’s decision was primarily steered by its optimistic […]