CBN says it is not trying to “ unify exchange rates “
The acting Central Bank of Nigeria (CBN), Folashodun Shonubi, said the apex bank are not trying to unify the rate, ...
Tag: Monetary Committee Policy (MPC)
Covid-19: Timeline of every pronouncement made by Nigeria to support the economy
Timeline of every action announced since the outbreak hit Nigeria.
CBN’s MPC unlikely to cut rates, as Nigeria’s foreign reserves hit $36.16 billion
Note that Nigeria's inflation could potentially rise to 14% by the end of the year due to a higher VAT ...
CBN raises CRR to 27.5%, holds MPR, other parameters constant
The Monetary Policy Committee of the Central Bank of Nigeria (@cenbank) has raised the Cash Reserve Ratio by 500 basis ...
CBN keeps MPR at 13.5%, holds other parameters
The Monetary Policy Committee of the CBN has kept the MPR constant at 13.50%. Also, other parameters such as Credit ...
MPC upholds monetary policy status quo
By a unanimous vote, the Monetary Policy Committee (MPC) decided to keep monetary policy parameters unchanged (MPR at 13.5%, asymmetric ...
