September 24, 2024/Coronation Research MPC Decision Monetary Policy Rate hiked by +50bps to 27.25% from 26.75%. Asymmetric corridor of the MPR retained at +500bps /-100bps. Cash Reserve Requirement for Deposit Money Banks raised to 50% from 45%. CRR for Merchant Banks raised to 16% from 14%. Liquidity ratio retained at […]
Updates
CBN Communiqué No. 154 of the MPC Meeting for September 23-24, 2024
September 24,2024/CBN The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 297th meeting on September 23rd and 24th, 2024, to review recent economic and financial developments and assess risks to the outlook. Eleven (11) of the committee’s twelve members were in attendance. Decisions of the […]
Ecobank Nigeria partners Women in Mining on Gold & Gemstone Conference & Exhibition
September 24, 2024/Ecobank Nigeria Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group, is partnering the Women in Mining In Nigeria (WIMIN) for its annual Gold & Gemstone Conference & Exhibition. The 3-day event scheduled for Thursday, September 26th to Saturday, September 28th will be held […]
