All posts tagged "Monetary Committee Policy (MPC)"

Coronavirus8 months ago
Covid-19: Timeline of every pronouncement made by Nigeria to support the economy
Timeline of every action announced since the outbreak hit Nigeria.
Business News11 months ago
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 and a weakened naira.
Business News1 year ago
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 points to 27.5%. Meanwhile, other parameters...
Business News1 year ago
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 Reserve Ration, Liquidity ratio, and asymmetric...
Business News2 years ago
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 corridor at +200bps/-500bps, Cash Reserve Ratio...