There are indications that the Monetary Policy Committee of the Central Bank of Nigeria may not increase the benchmark lending rate in the next MPC meeting. Analysts, who spoke with our correspondents in separate interviews on Friday, said that most of the variables would be maintained. However, they said the […]
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CBN urged to ease monetary policy
Financial analysts have called on the Central Bank of Nigeria to begin a process of monetary policy slackening in order to boost liquidity in the system. The Financial Derivative Company Limited in a report made available to our correspondent on Friday said there was the need to start reducing the […]
CBN to sell N826.31bn in T-bills in Q1
The Central Bank of Nigeria plans to raise about N826.31bn ($5.26bn) worth in treasury bills, ranging between three months and one year in the first quarter of the year. The CBN, in a statement on Friday, said it plans to auction N331.29bn naira in 91-day, 182-day and 364-day paper in […]
