CPPE commends CBN’s decision to pause rate hikes, calls for future reductions
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank ...
Tag: Monetary Policy Committee
US tariff hikes could drive inflation higher in 2025 – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has warned that the imposition of increased tariffs by ...
Treasury Bills yield crashes as market awaits MPC decision
Yields on Nigerian Treasury Bills dropped significantly in the latest auction, reflecting changing market conditions as investors anticipate the Central ...
Expert calls for halt in interest rate hikes by CBN’s Monetary Policy Committee
The Centre for the Promotion of Private Enterprise (CPPE) has called upon the Monetary Policy Committee (MPC) of the Central ...
No going back on orthodox monetary policy, CBN governor says
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized that the country's monetary policy would remain focused ...
Nigeria’s fiscal deficit surpasses budget projections, reaches 7.6% of GDP
Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...
FG’s budget deficit jumps to N4.53 trillion in three months amid low revenue collection
The federal government of Nigeria’s fiscal deficit surged to N4.53 trillion in the second quarter of 2024, up from N3.88 ...
Nigeria’s money supply surges to N108.9 trillion, up 68% in one year
Nigeria’s money supply (M3) has grown by 62.8% year-on-year (YoY) in September 2024, despite the Monetary Policy Committee’s (MPC) tightening ...
Ghana’s Central Bank lowers interest rate by 200 basis points
The Bank of Ghana has cut interest rates by 200 basis points from 29% to 27% as inflation slowed in ...
Nigeria’s external reserves hit $39.07 billion – Cardoso
Nigeria’s external reserves have increased yet again, reaching $39.07 billion as of September 19, 2024.
