By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%), this is coming on the heels of the CBN Communiqué No. 90 of the Monetary Policy Committee (MPC) meeting. As part of the decisions, the MPC by a vote of […]
Tag: Central Bank of Nigeria
Nigeria’s CBN Retains Rate at 12%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%), this is coming on the heels of the CBN Communiqué No. 90 of the Monetary Policy Committee (MPC) meeting. As part of the decisions, the MPC by a vote of […]
Nigeria Reports US$47.88 billion Total External Reserves in Q1 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has reported US$47.88 billion total external reserves in the first quarter of 2013. The CBN in its external sector statistics monitor Q1 2013 reported that the level of external reserves as at end-March, 2013 stood at US$47.88 billion compared […]
