Emefiele while addressing the media on Tuesday stated that Nigeria's growing food inflation is caused due to worsening security challenges.
Egypt’s high real interest is an upspring of combating inflation as far back as 5 years ago.
The MPC urged the CBN to increase its lending to the government as it believes it will help reflate the economy from its recession.
In its first MPC of 2021, CBN votes to MPR at 11.5% and other parameters constant.
The Central Bank of Nigeria (CBN), voted unanimously to keep the Monetary Policy Rate (MPR), at 11.5%.
The Governor of the CBN has announced the reduction of MPR from 12.5% to 11.5%.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has held the Monetary Policy Rate (MPR) constant at 13.5%.
It is no longer news that the Monetary Policy Committee of the Central Bank of Nigeria left the Monetary Policy Rate, MPR, unchanged at 13.5 per...
CBN says VAT IS "too little" and called for "BIG BANG" approach
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has voted to retain all key rates.