Posts Tagged ‘CBN’
Dr Kingsley Isitua Obiora’s name has been sent to the Senate by Nigerian Ruler, Buhari, for confirmation as the new Deputy Governor of the Central Bank of Nigeria. Dr Obiora, a 43 year old economist will upon confirmation by the Senate, become the youngest person to head the economic policy directorate and will succeed Joseph […]
The first meeting of the Monetary Policy Committee (MPC) of the Central bank of Nigeria (CBN) for 2020, earlier slated to hold on 20th and 21st January 2020 has now been rescheduled for 23rd and 24th January, 2020.
CBN has ordered all Deposit Money Banks (DMBs) to give out loans to real sectors in the Nigeria Economy and also decided to retain the minimum 65% loan deposit ratio (LDR) in the interim. The DMBs are required to maintain this level and further advised that average daily figures shall be applied to access compliance […]