GTB, UBA lead stock market rebound as investors reassess MPR outcomes
The NGX market capitalization witnessed a notable surge, as the value of listed equities soared by N390 billion, reaching N54.71 ...
Tag: Monetary Policy Rate
MPC Review: Another 100bps increase
The MPC of the CBN unanimously raised the MPR from 13.0% to 14.0%, the second consecutive hike and a cumulative ...
Increase in CBN’s interest rate yet to tame Nigeria’s high Eurobond yield
The rise in Eurobond yields means that Nigeria will pay huge interest in order to incentivise market players to buy ...
MPC retains monetary policy, pegs interest rate at 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria has voted unanimously to retain the benchmark interest rate at ...
CBN reviews minimum interest rates on savings deposit to 1.25%
With inflation rate at 12.8%, this is almost like paying banks to keep the money for you.
The monetary authorities opted for a wait-and-see approach
The CBN’s disposition remains biased towards supporting economic growth.
Will CBN’s recent MPR reduction have any positive outcomes?
MPR reduction is ideally supposed to have positive outcomes for banks’ lending rate and the economy.
This is when CBN will cut Monetary Policy Rate – Emefiele
CBN Governor, Godwin Emefiele, has disclosed that the apex bank would move to further cut the MPR if inflation drops to a ...
CBN Cashless Policy: Emiefele regrets decision, insists on the policy
Central Bank Governor, Godwin Emefiele has tendered an apology over the inconveniences generated by the introduction of the cashless policy.
Experts highlight why CBN won’t alter rates as MPC holds meeting
The Monetary Policy Committee (MPC) of the CBN holds its 269th meeting today and tomorrow, September 19 and 20, 2019.
