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Money market

PwC projects decline in Nigeria’s inflation to 29.5% by 2024 year-end

A consulting firm, PwC, has projected a marginal decline in Nigeria’s inflation to 29.5 percent by the end of this year. The company made the projection in its latest economic outlook report on Nigeria released on Monday. According to the…

NewsDirect
June 25, 2024

News

Consider reducing CRR for commercial banks to 25 per cent – Uwaleke tells CBN

A financial expert and Professor of Capital Market at the Nasarawa State, Uche Uwaleke, says the Central Bank of Nigeria should reduce Cash Reserve Ratio, CRR, for Deposit Money Banks, from 32.5 to 25 per cent because of the Monetary…

NewsDirect
July 17, 2023