July 28, 2016/Cordros On Tuesday, the Monetary Policy Committee (MPC), rising from its fourth meeting of the year, voted to: Increase the Monetary Policy Rate (MPR) by 200bps to 14.0%; Maintain the asymmetric corridor around the MPR at +200/-500bps; Retain Cash Reserves Ratio (CRR) at 22.5%; and Keep the Liquidity […]
Updates
Uber Says to Drop Prices 35% for People of Nairobi
July 28, 2016/Uber More than one million trips have been made using Uber since our launch in Kenya’s capital in January 2015. Added together, that’s roughly eight million kilometers, or enough to go to the moon and back ten times. Those trips didn’t happen on a space rocket though – […]
NSE Launches Recruitment Portal
July 28, 2016/NSE The Nigerian Stock Exchange (NSE or “The Exchange”) has launched an online portal to attract top talent and optimize its recruitment process. The recruitment portal which is expected to enhance the Exchange’s recruitment capability, increase turnaround time and provide a consumer-friendly candidate experience, will handle all aspects […]

