The Monetary Policy Committee (MPC) of the Central Bank of Nigeria declared that the country’s Monetary Policy Rate (MPR) will remain at 11.5 per cent for…
Browsing: Central bank
The Bank of Tanzania said it plans to target individuals and government officials with new measures to reduce non-performing loans. Tanzania’s central bank is taking measures…
Emmanuel Mutebile will head the Bank of Uganda for another five years after his contract was extended by President Yoweri Museveni. According to local reports, Mutebile’s…
The Bank of Uganda (BOU) on Wednesday reported that the country was advancing in safeguarding financial stability, but risks still remain amid the ongoing COVID-19 pandemic.…
The Central Bank of Libya (BCL) has announced a shortfall of $7.3 billion in foreign receipts for the January-October 2020 period as a result of a…
The Governor of South Sudan’s Central Bank has been replaced. The President of South Sudan, Salva Kiir has named Dier Tong Ngor as the new central…
Botswana authorities have slashed the the bank rate by 50 basis points, down from 4.25 percent to 3.75 percent, an official has disclosed. The Bank of…
Tanzania’s economy continued to perform satisfactorily despite spill-over effects from the global economy due to the COVID-19 pandemic, the central bank said on Tuesday. The Bank…
Nigeria’s Central Bank Governor, Godwin Emefiele has assured investors of the safety of their investments in the country in spite of dwindling revenues from the sale…
Nigeria’s central bank has introduced longer-term contracts on the naira in a move to attract more foreign inflows, shore up its dwindling dollar reserves and prevent…