By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Friday announced the allocation of 60 percent (60%) N132.00 Billion of N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) to women in Nigeria. This is contained in the released guidelines for the operation of MSMEDF for Nigeria […]
Tag: Interest Rate
ECB cuts interest rates, open to further action
The European Central Bank cut interest rates for the first time in 10 months on Thursday and held out the possibility of further policy action to support the recession-hit euro zone economy. Responding to a drop in euro zone inflation well below its target level and rising unemployment, the ECB […]
ECB Poised to Cut Rates to Help Recession-hit Euro Zone
The European Central Bank is closer to lowering interest rates than at any time since it last cut them in July 2012 and is likely to shave a quarter-point off at its policy meeting next week. Senior sources involved in the deliberations say momentum is building for action to help […]