Naira breaks below 1500/$ as CBN decides on interest rates today
The naira stayed around a key support line in the country's unofficial market as analysts expect Nigeria’s apex bank to ...
Tag: MPC
News and stories about MPC
Government palliative purchases driving food inflation in Nigeria – Cardoso
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has said that government purchases of palliatives are a ...
CRR at 45% positions Nigeria as the highest globally – Bunmi Bajomo
Dr. Bunmi Bajomo, Head, Group Corporate Banking and Chief Operating Officer, Ecobank Transactional (ETI) has said that the MPC's resolution ...
Paper Money: How the money supply myth kills growth
M3 jumped by 18.21% in January 2024, when compared to December 2023, to N93.72 trillion, an alarming 76% compared to ...
Dangote Cement, BUA Foods record bumper gains as equities market surges by N18.2 trillion in Q1 2024
Nigerian equities increased by a whopping N18.1 trillion in capitalization to stand at N59.12 trillion at the end of March ...
Law enforcement agencies investigating $2.4 billion invalid FX transactions – Cardoso
Law enforcement agencies are currently investigating a series of invalid foreign exchange transactions valued at $2.4 billion, according to Yemi ...
New MPC Member, Sagagi, explains why monetary policy will not curb Nigeria’s inflation
A member of Nigeria's Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has addressed the limitations of monetary policy in addressing ...
FG’s rising revenue still falls short of budget target by 47% in January 2024 - Lamido Yuguda
A member of the Monetary Policy Committee (MPC) and the Director General of the Securities & Exchange Commission (SEC) Nigeria, ...
IMF to FG: Protect poor Nigerians from rising prices through cash transfers
The International Monetary Fund (IMF) has advised the Nigerian government to implement its social protection measures to benefit poor and ...
CBN has cleared another $400 million of FX backlog- Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has stated that the apex bank has paid another ...
