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Legit on MSNWhy CBN hiked FX rates for cargo clearance in Nigeria's portsFollowing the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
FBN Holdings recorded a 154.5 percent rise in net interest income, driven primarily by the continuous hike in the monetary policy ...
The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...
Nigeria may not see significant foreign funds inflow this year because of its negative real interest rates resulting from ...
Experts have warned that Nigeria's high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic growth ...
Nigeria’s money market mutual fund yields average 20.58% in January: Top performers and key insights
In the face of Nigeria’s high inflation, money market mutual funds have continued to attract investor interest with competitive returns.
Nigeria may struggle to attract foreign capital due to negative real interest rates, hindering economic growth.
Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...
Resolving the high interest rate to deposit spreads in Nigeria requires a multifaceted approach. To start, the Central Bank of Nigeria (CBN) can play a crucial role by implementing policies that ...
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