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 ...
Tag: Monetary Policy Rate
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.
Experts differ on possible rates cut as CBN holds MPC meeting
Expectations are high as the Central Bank's Monetary Policy Committee (MPC) is currently meeting. As the CBN's highest decision-marking committee ...
Mr Emefiele, It’s time to lower interest rates
The Central Bank of Nigeria increased the monetary policy rate in 2015 from 12 to 14% because it concluded that ...
