NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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How unpaid N4.69trn interventions hinder fresh CBN support for farmers

CENTRAL Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso, says the bank cannot resume intervention programmes as N4.69 trillion from past schemes remains outstanding, severely constraining its ability to deploy non-conventional policy tools even when needed. Speaking in Abuja on Tuesday after the two-day Monetary Policy Committee meeting, Mr Cardoso said the unpaid balance, which […]

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