November 26, 2024/Cordros Update The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Raise the MPR by 25bps to 27.50% (Previously: 27.25%) Retain the asymmetric corridor at +500bps/-100bps Retain the CRR for Deposit Money Banks at 50.0% and Merchant Banks at 16.0% […]
Updates
eFinance Investment, Cassava Technologies Sign Partnership to Drive Business Expansion Across Egypt, Africa
This collaboration aims to introduce innovations to the Egyptian market, drawing on eFinance’s robust presence and trusted reputation and Cassava Technologies’ pan-Africa reach and global partnerships November 26, 2024/Cassava Technologies eFinance Investment Group and Cassava Technologies have signed an agreement to explore and identify opportunities for collaboration and joint expansion […]
IMF Concludes Review of Transparency Policy, Open Archives Policy and Approves Reforms
The IMF Executive Board concluded the Review of the Fund’s Transparency and Open Archive Policies and approved reforms to improve their design and implementation to better adapt the policies to the current shock-prone world and fast-moving media environment. Key reforms under the Transparency Policy include steps to reinforce the policy’s […]
