…The Central Bank of Nigeria monetary policy committee meets in Abuja to discuss key policy rates in the country…
CBN Governor Godwin Emiefele
Nigeria’s annual inflation rate slowed 11.23% in June 2018 from 11.61% in the prior month, the seventeen consecutive decline and lowest in more than 2 years.
The Nigerian Bureau of Statistics made this known in Abuja on Monday, July 23, 2018. The NBS report will also serve as a reference point as the Central Bank of Nigeria kicks of its monetary policy meeting in Abuja.
Sub-Saharan Africa looks at other financial and business news for the week:
1. The Central Bank of Nigeria monetary policy committee will be meeting July 23 and July 24 to discuss key policy rates in the country. The committee will foreign capital flows into the economy, inflation and interest rate and make key decisions as 2019 elections approach.
2. The Nigerian Stock Exchange (NSE) to start implementation of a regulatory framework for the listing of non-interest debt securities on the stock market.
3. Auditor-General 2016 annual report: The report queried 308 Ministries, Department and Agencies of government over the extra-budgetary spending of N149.5 billion in 2016.
4. The Senate and House of Representatives’ Committees on Capital Market and Institutions, Securities and Exchange Commission and other Regulatory Agencies hold the second bi-annual Stakeholders’ Forum on the Capital Market on Monday, July 23 while Nigerian Stock Exchange Bi-annual Nigerian Capital Market Information Security Forum (NCMISF) is slated for Wednesday, July 25, 2018.
5. Nigerian examination body, Joint Admission and Matriculation Board, has remitted N7.8 billion as surplus to the Federal Government.
6. Stears’ financial technology summit holds on Tuesday, July 24, 2018, at the Oriental Hotel, Lagos with the theme, ‘Banking on FinTech: The Future of Money, Markets and Marketplace.’
7. Nigerian Medview airline took delivery of its newly acquired B777-200ER to boost its fleet with a facility from FirstBank of Nigeria Limited.
8. A.B.C Transport appoints two new directors
9. Dangote Cement, UACN, Seplat Petroleum, Unilever Nigeria Plc, Ecobank Transnational, United Capital Plc, others filed their half-year financial report with Nigerian Stock Exchange. Others companies and public listed companies to follow suit this week.
10. AFRICA CEO FORUM picks Rwanda as host country for its 2019 event
The seventh edition of the AFRICA CEO FORUM, the largest international gathering of CEOs and investors from the African private sector, will be held between March 25 and 26, 2019, in Kigali, Rwanda.