The Monetary Policy Committee met on September 23 and 24, 2013, with all of the 12 members in attendance. The Committee reviewed the economic conditions and challenges that confronted the domestic economy up to September, particularly since the last MPC meeting in July 2013. It re-assessed the short-to-medium term risks […]
Tag: Sanusi Lamido
Nigeria’s Central Bank Retains Rate at 12%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Central Bank Tuesday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 91 of the Monetary Policy Committee (MPC) Meeting of Monday and Tuesday September 23 and 24, 2013. At the MPC meeting, it took […]
Payment System in Nigeria: The Changing Landscape and Vision 2020
Background to the Conference Held 16-17th September 2013 in Abuja Nigeria For too long, governments and businesses in Nigeria relied on cash to pay employees, make or receive payments, and fulfil other financial obligations. As a result, the economy was slowed by the negative side effects of needing cash on […]
