Excerpts from 280th MPC press briefing
CBN Governor, Mr. Godwin Emefiele, announces immediate stoppage of Forex sale to licensed Bureaux de Change (BDCs)
CBN suspends issuance of new licenses for operation of Bureau de Change (BDC)
CBN directs Deposit Money Banks to sell forex directly to customers with minimal documentation for invisibles
InfraCorp unveiling still on course for Q3 of 2021 – Emefiele
Emefiele assures of support to youth to develop their entrepreneurial skills
Emefiele reiterates that the strategic health of the Nigerian banking industry remains strong.
CBN MPC July 2021 MPC meeting votes unanimously to retain MPR at 11.5%
CBN #MPC retains CRR at 27.50 per cent and liquidity ratio at 30 per cent
CBN #MPC maintains Asymmetric Window of +100 and -700 basis points around the MPR
