Tag: rate

Aggressive mop-up pushes overnight interbank rate to 30%

THERE are indications that the double primary auction mop up of system…

AGHAN set to roll out new handling rate

IN view of the high inflation, weak exchange force and other economic…

Bearish activities expected in money market over limited maturing Treasury, OMO bills

UNLIKE last week, there are expectations that activity level in the money…

Inflation rate hits 24.08% in July as FX scarcity bites hard

Inflation rate in Nigeria surged to 24.08 percent in July 2023, showing…

Nigeria’s high maternal mortality rate

THE Country Representative of the United Nations (UN) Population Fund in Nigeria…

Government efforts at poverty, unemployment rate reduction, real —Labour Ministry Perm Sec 

The Permanent Secretary, Federal Ministry of Labour and Employment, Ms Kachollom Daju,…

Rising interest rate, fund managers’ exposure to FG’s securities boost pension assets

THERE are indications that the continued rising exposure of fund managers to…

MPC retains interest rate at 14%

MONETARY Policy Committee (MPC) on Tuesday retained benchmark interest rate at 14…

Rates to moderate on N317.32bn inflow

EXPECTATIONS of rate moderations are high in the money market as N317.32…

The hajj dollar subsidy

THE recent circular released by the Central Bank of Nigeria directing that…

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