Monetary policy rate cut, a positive move – Analyst
Mr Rafiq Raji, Chief Economist, Macroafricaintel Investment LLC, says the cut in lending rate by 50 basis points was a positive move.
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Tag: MONETARY
The ‘NEEDS’ programme and monetary policy circular no. 37
PRESIDENT Buhari launched his government’s Economic Recovery and Growth plan, last week. The EGRP is in many ways similar to Government’s National Economic Empowerment and Development Strategy (NEEDS 2004). The above title was first published in the Vanguard Newspapers on February 14 2005. A summary of that piece follows hereafter.
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Buhari queries EFCC, CBN, DSS, ICPC, others, wants details of monetary, assets recovered so far
PRESIDENT Muhammadu Buhari has queried the Ibrahim Magu led Economic and Financial Crimes Commission, EFCC over recoveries of looted funds from Nigerians and Organisations.
Read More Fiscal, monetary authorities move to bridge policy gap
AHEAD of of the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on interest rate, fiscal and monetay policy authorities have moved to bridge gaps between them on monetary policy rate direction against the need to stimulate economnic growth and curtail inflation.
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New monetary policy pulls out N744bn from circulation
Due to its new monetary policy drive the Central Bank of Nigeria, CBN, may be pulling out up to N1.0 trillion from circulation in the economy through the banking system in the first month of its new monetary policy.
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