Money Market

Nigeria’s MPC Retains MPR at 13.5%, Raises CRR to 27.5% from 22.5%

January 24, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-In line with expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) maintained status quo at the end of its meeting on Friday and Retain the Monetary Policy Rate (MPR) at 13.5 percent. Monetary Policy Committee increased the […]

CBN Announces the Appointment and Redeployment of Directors

Culled—Proshare January 23, 2020/CBN The Management of the Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some Directors in the apex bank. A statement from the CBN on Thursday said Mr. Yusuf Philip Yila, a Director with the bank and the Managing Director, NIRSAL Microfinance Bank […]

Raising banks’ Loan to Deposit Ratio while minimising risk

The loan-to-deposit ratio (LDR) is used to assess a bank’s liquidity by comparing a bank’s total loans to its total deposits for the same period January 22, 2020/CredoLab In developing economies, the key to socio-economic growth is access to finance, but the challenge is to increase loans to individuals and […]