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- Recession exit: CBN as the major game in town – Punch . . .
In his seminal book titled, The Only Game in Town: Central Banks, Instability and Avoiding the Next Collapse, Mohamed El-Erian, economist and former chairman of the US Global Development Council
- abokiFX News | Forex Updates
Following a significant decline in foreign exchange earnings, which triggered the economic recession in the first instance (Nigeria is dependent on crude oil sales for over 90 per cent of foreign exchange earnings), the CBN had to ban several items of import from access to the official foreign exchange market in order to halt the sustained depreciation of the naira
- Recession exit: CBN as the major game in town - Online
The CBN has maintained tight monetary policy stance since the onset of a recession, complicated by rising inflation In March 2016, the Monetary Policy Committee of the CBN increased the monetary policy rate from 11 percent to 12 percent in response to the spike in headline inflation from 9 6 percent in January to 11 4 percent in February 2016
- CBN Injects $210m into forex market – Punch Newspapers
The Central Bank of Nigeria on Tuesday injected $210m in the inter-bank foreign exchange market Figures obtained from the CBN indicated that the authorised dealers in the wholesale segment of the
- uche-uwaleke News — Latest On Uche Uwaleke — — The . . .
An economist, Prof Uche Uwaleke, on Thursday identified political risk as a major threat to the successful implementation of government Economic Recovery and Growth Plan (ERGP)
- Now that Recession Rain is Over - THISDAYLIVE
Central Bank of Nigeria Governor Godwin Emefiele combines the image of a home boy and global citizen to effect In public fora where he seizes every opportunity to apply his dexterity as a teacher
- What we are doing to end Nigeria’s recession - Buhari . . .
“I know that uppermost in your minds today is the economic crisis,” the president said “The recession for many individuals and families is real
- Emefiele warns - The Nation - TheCitizen - Its all about you
Rising from the Monetary Policy Committee (MPC) meeting in Abuja last week, the apex bank governor had announced that MPC members were worried that “the exit from the recession may be under threat as the economy slowed to 1 95 per cent and 1 50 per cent within the first and the second quarters 2018”
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