Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... UPDC 10.00  MORISON 9.77  NEM 8.90  GREENWETF 8.08  DAARCOMM 7.69  STANBICETF30 7.32  OANDO 6.77  REGALINS 5.26  MBENEFIT 5.26  INTBREW 4.44  NEWGOLD -11.60  MERGROWTH -10.00  FIDELITYBK -10.00  JAIZBANK -9.69  RTBRISCOE -8.47  GTCO -7.73  UNIVINSURE -7.69  MAYBAKER -7.38  OMATEK -7.06  TRANSCORP -6.35 
Get IDIA - the stock trading app for the modern investor
BREAKING: CBN HIKE MPR BY 4.00%
(Source: Securities Africa Nigeria Research, Date: 27-Feb-2024)

INVESTMENTS
Nigerian Economy
Monetary Policy Rate
SECURITIES AFRICA
RESEARCH & CAPITAL MARKETS
Nigeria

 

 

Dear Esteemed Investor,

 

The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) has decided to increase the monetary policy rate (MPR) by 400 basis point to 22.75% from 18.75% in July 2023. In his first sitting as CBN Governor, the Dr. Olayemi Cardoso led MPC also increased the Cash reserve Ratio to 45% and maintained the liquidity ratio at 30%.

 

 

Kind regards,

 

cid:image001.png@01D12B69.55105830

 

Securities Africa Financial Limited | 5th Floor Skye Bank Building | 30 Marina | Lagos | Nigeria

Main:+234 (909) 440 4638  |Email: researchng@securitiesafrica.com | Web: www.securitiesafricang.com

Get IDIA - the stock trading app for the modern investor
Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

  • Email: solutions@infowarelimited.com
Follow Us
 
facebook twitter skype youtube
Market data may be delayed up to 15 minutes