Nigeria’s money supply records first drop in 2025, falls to N110.32 trillion
The figure, however, still reflects a significant 15.45% increase year-on-year compared to the N95.56 trillion recorded in February 2024.
Tag: MPC
News and stories about MPC
CBN committed to rooting out bad actors in Nigeria’s FX market – Cardoso
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to cleaning up ...
FG has spent $8 billion to support the Naira – Rewane
The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This ...
Why CBN Is Right To Hold Rates, Interest Rate Bifurcation Concern, Inflation Rebasing Magic
In the latest episode of Drinks and Mics we discuss why the dollar is weaker, naira stronger, Inflation Rebasing Magic, ...
CBN announces Monetary Policy Committee Meeting in local languages
The Central Bank of Nigeria (CBN) has used four indigenous languages - Yoruba, Hausa, Igbo, and Pidgin to announce the ...
Excess government spending poses biggest challenge to monetary policy in Nigeria – MPC member
A member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has identified excessive government ...
Currency outside banks rises as N1.6 trillion left bank vaults in one year
Latest data from the Central Bank of Nigeria (CBN) reveals a significant year-on-year (YoY) increase in the amount of currency ...
Interest rate: Cardoso setting Nigeria on the right course, says World Bank
The World Bank has lauded the reforms led by the Central Bank Governor, Yemi Cardoso, noting that his monetary policies ...
The CBN’s latest monetary policy hike: The good, the bad, and the downright ugly
In a move that has sent shockwaves through Nigeria's financial landscape, the Central Bank of Nigeria's Monetary Policy Committee (MPC) ...
Lower U.S. index readings, MPC interest rate hike boost Naira
The Nigerian naira took advantage of weak U.S. dollar index readings in the official market and a surprise interest rate ...
