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MPC
News and stories about MPC
Following the removal of a member from the Monetary Policy Committee, an order sanctioned by the Central Bank of Nigeria, the presidency has proceeded to endorse new appointments.
President Bola Tinubu has formally requested the Senate's confirmation for the appointment of a Chairman and Members to the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC).
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has ceased payments to its Monetary Policy Committee (MPC) members without prior notice.
The Central Bank of Nigeria (CBN) will hold its first Monetary Policy Committee (MPC) meeting on February 26th and 27th.
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reneges on its quarterly meeting date, economists project an unchanged primary rate. This is in light of the prevailing economic reality with inflation rate at 27.33%
CBN has postponed a meeting of its MPC again as investors and analysts look forward to the move by the new Governor Olayemi Cardoso in tackling surging inflation.
As confusion lingers over the state of CBN deputy governors, the Central Bank of Nigeria (CBN) has announced the postponement of its highly anticipated 293rd Monetary Policy Committee (MPC) meeting.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 25bps to 18.75% from 18.5% at its penultimate Monetary Policy Committee (MPC) meeting for the year 2023, the first under the new administration.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark interest rate (MPR) by 25 basis points to 18.75% from its initial 18.5%, representing the highest interest rate in 22 years.
In line with our projections of a slower pace of rate hikes in H1 2023, the MPC raised the MPR rate by a cumulative 200bps in H1 2023.
Amidst economic uncertainty, all eyes are set on the acting Central Bank of Nigeria (CBN) Governor, Fola Shonubi, as the Monetary Policy Committee (MPC) convenes for their crucial bi-monthly meeting on Monday and Tuesday, July 24th and 25th, respectively.
The CBN's MPC raised the MPR by 50bps to 18.5% from 18.o% at its 3rdMonetary Policy Committee (MPC) meeting for the year 2023.