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Category: Business
CBN Raises Interest Rate To 17.5%
January 24, 2023
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to increase the benchmark interest rate by 100 basis points to 17.5 per cent. The CBN Governor, Godwin Emefiele, disclosed this ...
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Wema Bank Stocks Best Performing Financial Stocks in 2022 – Report
January 15, 2023
Wema Bank Plc’s stocks emerged as the best-performing financial stocks on the Nigerian Exchange during the 2022 financial year. In a report titled “The Best Performing Stocks in Nigeria in 2022,” Nairametrics compiled and analyzed ...
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CBN’s Cash Withdrawal Limit Policy Begins
January 9, 2023
The Central Bank of Nigeria’s (CBN) cash withdrawal limit policy for individuals and corporate entities is expected to take effect today. Recall that the CBN had, on December 6, 2022, ordered Deposit Money Banks (DMOs) ...
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