Tag: Interest Rate

CBN is expected to retain interest rate at 14%
Big Business

CBN is expected to retain interest rate at 14%

The Monetary Policy Committee of the Central Bank is expected to keep headline interest rate at 14%. Analysts at Access Bank’s Economic Intelligence Unit said the apex bank is expected toreach the following decisions at the conclusion of its meeting: Retain MPR at 14%, leaving the asymmetric corridor of +200 […]

CBN retains headline interest rate at 14%
Big Business

CBN retains headline interest rate at 14%

The Nigerian Central Bank, CBN at its monthly monetary policy committee meeting has retained interest rate at 14%. Providing a rationale for its decision, the MPC said the Committee assessed the relevant risks to the global and domestic economy and concluded that the risks to the economy remained highly elevated […]

CBN Sticks to 14% Interest Rate
Policy

CBN Sticks to 14% Interest Rate

The Central Bank of Nigeria’s Monetary Policy Committee on Tuesday has agreed to leave the Monetary Policy Rate unchanged at 14 per cent. The CBN Governor, Mr. Godwin Emefiele, who announced the decision of the committee at the end of a two-day meeting held at the apex bank’s headquarters in […]

MPC Retains Interest Rate At 14%
Policy

MPC Retains Interest Rate At 14%

The much awaited verdict of the monetary policy committee is out and we are spot on PageOne Markets. The MPC has voted that there will be a hold on interest rate at 14% to curb inflation and get the confidence of foreign investors. Nigeria’s economy is currently in recession and […]

GS Bank: Goldman Sachs For The Masses?
Big Business Tech

GS Bank: Goldman Sachs For The Masses?

Goldman Sachs is many things to the investment banking world. The big bank for the big billionaires. The bravest market maker, taking up humongous risks with financial engineering second to none. But Goldman Sachs fondly called GS, is not known to associate with the poor. GS is doing something opposite […]