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Economy gets first policy direction for 2019 today

In the absence of an approved budget for 2019, the Central Bank of Nigeria (CBN), will today, lead the way with a policy decision that revolves around interest rate and sustenance of interventions for frailties of fiscal authorities. The Monetary Policy Committee of the apex bank would come up with a decision in its first […]
The post Economy gets first policy direction for 2019 today appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

CBN to retire N162b short-dated bills over costs

The Central Bank of Nigeria (CBN), in the next three months, is expected to remove not less than N162.49 billion from the country’s domestic debt profile, put at N12.29 trillion as at September 30, 2018.
The post CBN to retire N162b short-dated bills over costs appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

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