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% […]
More News
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 […]
Q3:2024 GDP Report— Services Sector Sustain Economic Growth
November 26, 2024/InvestmentOne Report Please click to download our Q3:2024 GDP Update According to the data released by the National Bureau of Statistics (NBS), Nigeria s Gross Domestic Product (GDP) maintained it positive trajectory to grow by 3.46% YoY in Q3:2024, up from 3.19% in the previous quarter. The expansion […]
