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Emefiele describes Atiku’s proposed plan to float naira as ‘road to perdition’

Emefiele describes Atiku’s proposed plan to float naira as ‘road to perdition’

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has warned that floating the naira would be disastrous to the nation’s economy. Emefiele said this during the monetary policy The post Emefiele describes Atiku’s proposed plan to float naira as ‘road to perdition’ appeared first on TheCable.

CBN cautions FG on external borrowing

Grow Nigeria’s economy by encouraging engineers ―Benue deputy gov

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday cautioned the federal government on the sharp increase in the size of the nation’s external debt which rose by 109 percent to $21.6 billion as at September 30th 2018, from $11.28 billion on June 30th, 2015.
Continue reading CBN cautions FG on external borrowing at Vanguard News Nigeria. …

Atiku’s monetary agenda will lead to perdition, says Emefiele

Atiku’s monetary agenda will lead to perdition, says Emefiele

Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele has warned the Peoples Democratic Party’s (PDP) presidential flag bearer’s suggestion the exchange rate should be free float is recipe for disaster that will surely lead to perdition. Reacting to Atiku Abubakar’s criticism of the CBN and Emefiele’ management of monetary policies and his […] …

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. …

Analysts project MPC to maintain status quo despite inflation concerns

Traders seek better deal from govt 

THE Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, is expected to retain the monetary policy rate, MPR, at 14 percent as well as other policy rate at the end of its meeting holding this week in spite of concerns over the two month  upward trend in inflation rate.
Continue reading Analysts project MPC to maintain status quo despite inflation concerns at Vanguard News Nigeria. …

MPC: CBN to maintain status quo — Experts

Fire guts Accounts Dept., other parts of DPR office in Minna

As the Central Bank of Nigeria (CBN) holds its first Monetary Policy Committee (MPC) meeting in 2019 on Monday, experts have said that the apex bank would maintain status quo.
Continue reading MPC: CBN to maintain status quo — Experts at Vanguard News Nigeria. …

N9.86 NDIC debt: Ex-bankers, CBN, others may settle out of court

N9.86 NDIC debt: Ex-bankers, CBN, others may settle out of court

Indications are that the over 10, 000 ex-banks staff who challenged their forceful retirement from active service at the court of law may reach an out-of-court settlement, The Nation has learnt. The affected erstwhile bankers had appeared in court at the National Industrial Court in Ikoyi last Wednesday in their large numbers to press home […] …

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