May 25, 2022
Nigeria: Citing Inflationary Concerns, CBN Raises Mpr to 13 Percent, First Increase in 30 Months
After holding the Monetary Policy Rate (MPR) constant at 11.5 per cent for about two and a half years, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN),… Read more »
May 03, 2022
Nigeria: Banks, Others' Borrowings From CBN Fell By 66 Percent to N1.4trn in Four Months
Deposit money banks (DMBs and merchant banks borrowing from the Central Bank of Nigeria's (CBN) Standing Lending Facility (SLF) dropped year-on-year (YoY) by 66 per cent to N1.49… Read more »
July 17, 2013
Nigeria: Kenyan President Seeks UBA's Partnership On Development
President Uhuru Kenyatta of Kenya has unveiled plans to make Nairobi an international financial centre and had called on the United Bank for Africa Plc (UBA) to play a pivotal role… Read more »
June 17, 2013
Nigeria: Moghalu - Africa Needs Economic Transformation to Prosper
The Deputy Governor, Financial System Stability of the Central Bank of Nigeria (CBN), Dr. Kingsley Chiedu Moghalu, has stressed that Africa can only prosper through far-reaching… Read more »