#CBNMPC votes to raise MPR by 100 basis points from 16.5% to 17.5%
Retains Cash Reserve Ratio (CRR) at 32.5%, Liquidity Ratio (LR) at 30.0% and Asymmetry Corridor at +100/-700 basis points around the MPR
Retains Cash Reserve Ratio (CRR) at 32.5%, Liquidity Ratio (LR) at 30.0% and Asymmetry Corridor at +100/-700 basis points around the MPR
CBN Governor, Emefiele, maintains stance on the January 31, 2023 deadline for the deposit of old N200, N500, and N1,000 banknotes; says CBN staff and bank agents all over Nigeria on sensitization and currency swap with a specific focus on rural areas and the underserved
CBN Governor Godwin #Emefiele says about N1.5 trillion of the currency in circulation has been raked back into banks’ vaults since the launch of new series of banknotes
Gov. Emefiele shares optimism about the Bank’s cash-swap programme...says CBN will remain focused on protecting the weak and vulnerable in the society.
CBN Governor Godwin #Emefiele says a total of N370,686,315,505.28 has been collected by banks as stamp duty since 2016; says Bank has engaged Messrs KPMG, PWC, Ernst & Young, and Deloitte to carry out forensic audits of stamp duty collected by banks during the period
CBN Governor Godwin #Emefiele explains the rationale for the Bank’s lending to the Federal Government as a lender of last resort.
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