Rising inflation: Economists urge CBN to focus on key drivers
Some Economists have advised the Central Bank of Nigeria (CBN) to focus more on the supply side or cost push ...
Tag: Monetary Policy Committee
Experts’ thoughts on raising interest rate ahead of next week’s MPC meeting
Experts have warned that pegging the interest rate above the current 16.5% may rattle the economy with serious consequences
Nigeria’s CBN raised interest rates to 13%, blames high inflation
The MPC has voted unanimously to raise the benchmark interest rate to 13% after over two years of expansionary monetary ...
Senate confirms 7 members of CBN’s Monetary Policy Committee
The Senate has confirmed the nomination of 7 members of the Monetary Policy Committee (MPC) of the Central Bank of ...
CBN says oil theft is causing problems for foreign reserves
The Central Bank of Nigeria has agreed that increasing oil thefts on the economy is affecting the accretion of the ...
MPC maintains status quo while sending hawkish signals
MPC’s move to retain its policy posture is predicated on the limited impact of the MPR to assuage worsening inflationary ...
CBN plans intervention to make fuel readily available
The Central Bank of Nigeria (CBN) has stated that it is prepared to intervene in order to ensure that fuel ...
Despite rising inflation, CBN votes to hold MPR at 11.5%
The Monetary Policy Committee of the CBN has voted to hold all monetary parameters constant, keeping the benchmark interest at ...
What to expect as CBN’s MPC meeting commences
Nigerians are waiting for details of how the CBN would swing interest rates, among other things, as the 284th meeting ...
CBN disburses N498 million towards better healthcare
The CBN, through the communique of the Monetary Policy Committee, announced the disbursement of N498 million to projects under the ...
