By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%) consecutively for the fourteenth time following its Monetary Policy Committee (MPC) held January 20-21 2013 in Abuja Nigeria. However, the public sector cash reserve requirement (CRR) was tightened to […]
Tag: Central Bank of Nigeria
CBN, IFC to establish asset collateral registry
A member of the World Bank group, the International Finance Corporation, is collaborating with the Central Bank of Nigeria and the Ministry of Industry, Trade and Investment to establish asset collateral registry in the country. The IFC Country Manager for Nigeria, Mr. Solomon Adegbie-Quaynor, who made the disclosure in Lagos […]
On Today’s Meeting of The MPC – Matters Arising!
The Central Bank of Nigeria’s (CBN) rate-setting body, the Monetary Policy Committee (MPC) meets today monday 20th January, under a cloud. The mass of gray overhead has nothing to do with the recent public spat between the Office of the President of the Federal Republic of Nigeria, and that of […]
