September 25, 2024/Greenwich Merchant Bank Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy towards robust and inclusive growth. This was disclosed in a press release signed and made available by the Head, […]
Updates
MPC Review: MPC stays hawkish; hikes MPR by 50bps.
September 25, 2024/CSL Research Contrary to general consensus and our forecast, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50bps to 27.25% from 26.75% at the close of its 297th Monetary Policy Committee (MPC) meeting on 24 September 2024. […]
MPC Decision – September 2024
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 […]
