Archives Tag: CBN policy
The Impact of the New CBN Withdrawal Policy
April 19, 2022
On the 6th of December, the Central Bank of Nigeria (CBN) announced a new policy that mandates deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities do not exceed N100, 000 and N500, 000 respectively per week. Read more about Finance Several experts and observers have … Continue reading The Impact of the New CBN Withdrawal Policy
Fresh Hope For Economy As CBN’s Policy Committee Resumes Meeting
April 19, 2022
The nation’s economy may be exiting a six-month apathy and cautious mode imposed on it by the standoff between the federal legislature and the executive, as the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will be ready today. President Muhammadu Buhari had in November 2017 sent a list … Continue reading Fresh Hope For Economy As CBN’s Policy Committee Resumes Meeting
By chidinmakalu
