Appraising CBN’s new policy measures for fighting inflation
By Michael Abiodun-Richards The battle against spiraling inflation entered a new phase with the Central Bank of Nigeria’s plan to adopt inflation targeting framework to price management. The framework, which is also being implemented by central banks of several African countries, is expected to strengthen Nigerians’ purchasing power, disposable income, drive aggregate demand and stimulate production. […]
CBN launches redesigned website today
The Central Bank of Nigeria (CBN) will launch its newly redesigned website (www.cbn.gov.ng) today.
Don’t ‘Japa’, CBN building economy for everyone to thrive – Cardoso begs Nigerians
“You want to be part of the solution. You want to be part of the solution, and this is time that we need all hands on them”
CBN raises interest rate on SDF to 26.5%
The SDF will now be remunerated on a single tier basis which is currently the Monetary Policy Rate (MPR) minus 100 basis points
CBN, First bank push for greater ties with Chinese counterparts
The Central Bank of Nigeria and the First Bank of Nigeria have pushed for a greater collaboration between Nigerian banks and their Chinese counterparts in view of the deepening trade and businesses between China and Nigeria, as well as, other countries in the African region.
CBN raises interest rate to 27.50%
CBN has raised the monetary policy rate, which measures the benchmark interest rate, to 27.40%
