Tag: Monetary policy
Inflation Unacceptably High, But Monetary Policy Is Working — CBN
CBN Governor Olayemi Cardoso acknowledged Nigeria's high inflation rate but expressed optimism about the effectiveness of current monetary policies Cardoso ...
CBN issues fresh foreign currency deposit guidelines
Directed that each bank would be allowed a maximum deposit of $10 million threshold for USD 100 notes and USD ...
CBN: Nigerian Economy Records Over $1.5bn Inflow
CBN reports over $1.5 billion inflow into Nigerian economy, signaling effectiveness of monetary policy initiatives in stabilizing foreign exchange market. ...
Number of Nigerians in absolute poverty may double by 2050— CBN MPC member
Inflation soared to 31.7 percent in February Aloysius Uche Ordu, a member of the Central Bank of Nigeria’s Monetary Policy, ...
Reduce inflation, economic hardship on Nigerians – Sanusi tells CBN
He emphasized that the Central Bank's actions have the potential to address the economic difficulties faced by Nigerians, provided the ...
World Bank to Nigeria: CBN’s intervention funds fuelling inflation
The World Bank has said the Central Bank of Nigeria’s development finance intervention is fuelling inflation in the short term ...
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