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CBN takes financial inclusion campaign to schools

The Central Bank of Nigeria, CBN, has taken its financial inclusion campaign to secondary schools with a view to “catching them young,” in its efforts toward expanding the Nigerian banking population.
Continue reading CBN takes financial inclusion campaign to schools at Vanguard News Nigeria. …

LCCI praises CBN over MPR reduction

LCCI praises CBN over MPR reduction

The Lagos Chamber of Commerce and Industry (LCCI) has commended the Central Bank of Nigeria (CBN)  for  reducing the Monetary Policy Rate (MPR) by 50 basis points from 14 per cent to 13.5  per cent. Its Director-General, Mr. Muda Yusuf in a statement said the action aligned with the clamour of the private sector. He […] …

CBN lauds Ecobank’s Sustainability Efforts

CBN lauds Ecobank’s Sustainability Efforts

The Central Bank of Nigeria (CBN) has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility (CSR) initiatives. The CBN at its 2018 annual awards for sustainability in Lagos, recognized Ecobank’s activities in four categories which include Sustainability Bank of the Year;; Sustainability Bank of the Year -oil and gas; Sustainability […] …

CBN slashes interest rate to 13.5 percent

CBN slashes interest rate to 13.5 percent

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in over two years adjusted interest rate downwards to 13.5% Addressing journalists at the end the second MOC meeting in 2019, Central Bank Governor Godwin Emefiele disclosed that “the MPC voted to adjust the Monetary Policy Rate (MPR) […] …

BREAKING: MPC Cuts MPR For First Time In Over Two Years

  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has cut down the Monetary Policy Rate (MPR) by 50 basis points to 13.50 per cent from 14 per cent. The CBN Governor, Mr Godwin Emefiele, disclosed this during a press conference at the end of a two-day MPC meeting held on … Continue reading BREAKING: MPC Cuts MPR For First Time In Over Two Years …

MPC to retain policy rates as DMO floats N100bn bond auction

IN spite of the two months consecutive decline in inflation rate, improved stability of the exchange rate and decline interest rate on fixed income instruments, the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, is expected to retain the Monetary Policy Rate, MPR, and other benchmark rates at same level at the end of its 266th meeting holding today and tomorrow.
Continue reading MPC to retain policy rates as DMO floats N100bn bond auction at Vanguard News Nigeria. …

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