All posts tagged "CBN"

• 2011 Budget unimplementable, says Aganga

  In what appears to be the executive’s first reaction to the newly passed 2011 Appropriation Bill by the National Assembly, the Minister of Finance, Mr Olusegun Aganga, has described what the legislators are proposing as unimplementable. The...

  • Posted March 26, 2011
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• CBN sells $16.6m at First Currency Forwards Auction

  The Central Bank of Nigeria (CBN) sold $16.6 million at its first foreign-exchange forward auction yesterday where only one commercial bank participated, the apex bank said. The apex bank met the lender’s demand for $10 million due...

  • Posted March 26, 2011
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• FINANCIAL MATTERS: Inflation, what do the numbers mean?

  The inflation numbers for February are in, and they do surprise. Prices, it seems, are not growing as fast as they did two months ago. According to the new numbers, consumer prices in the country rose by...

  • Posted March 23, 2011
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• ‘Wonder Bank’ makes a volte-face, challenges tribunal’s jurisdiction

  IT was a surprise twist of event at the Investment and Securities Tribunal (IST) during the report of settlement of the case brought by 14 representatives of investors of Nospetco Oil and Gas Limited against the Security...

  • Posted March 23, 2011
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• Expert seeks retention of current MPR

  AHEAD of tomorrow’s meeting of the Monetary Policy Committee (MPC), analysts have called on the Central Bank of Nigeria (CBN) to leave the Monetary Policy Rate (MPR) unchanged at 6.5 per cent, until broad-based macroeconomic stability has...

  • Posted March 22, 2011
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• Sanusi blames violence in Jos, others on poverty, ignorance

  GOVERNOR of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, said on Saturday, that most of the violence that occurred in Jos, Bauchi, Borno and the Niger Delta were caused by poverty and ignorance. Sanusi said this in Jos, after receiving an...

  • Posted March 21, 2011
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