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The Business NG - May 20, 2024

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In this issue

In today edition of the Newspaper you will see how for the first time this year, Nigeria’s money supply has experienced a significant drop, a development closely linked to the Central Bank of Nigeria’s (CBN) recent hike in interest rates.
Data from the apex bank reveal Money Supply (M2) dropped marginally to N92.3 trillion in March 2024 from a record N93.9 trillion in February. April data is also anticipated as the apex bank meets to deliberate ton the MPC.
This drop, albeit marginal will be received with relief by officials of the monetary policy committee who meet next week to deliberate on the next course of action for its hawkish interest rate policy.

The Business NG Description:

Publisher: Tuns-Media-&-Comm-Enterprise

Category: Newspaper

Language: English

Frequency: Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level