Tag: Monetary Policy Committee (MPC)
CBN continues monetary policy tightening, raises interest rate by 25 basis points
The Governor of the CBN and Chairman of the MPC, Yemi Cardoso, announced the raise on Tuesday in Abuja, while…
Expert cautions against further tightening of money policy rate
Ekechukwu, a former president of the Abuja Chamber of Commerce and Industry, spoke against the backdrop of the 298th MPC…
CBN continues aggressive tightening, raises lending rate to 26.25%
Mr Yemi Cardoso, the Governor of CBN said this on Tuesday in Abuja, while reading the communique from the 295th…
CBN hikes interest rate to 22.75%
Cardoso stated that the move was in a bit to tame the stubborn inflation that had not responded much to the…
Senate confirms Cardoso, 11 others as members of CBN’s MPC
The MPC, the highest decision organ of the CBN has the mandate to: review economic and financial conditions in the…
Experts preach caution as CBN holds first MPC meeting under Tinubu
“I expect the MPC to reduce the rates this time so that banks can reduce their lending rates in order…
MPC: Economists foresee rates retention
Economists have expressed optimism that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would retain the…
Economist appeals to Senate to confirm MPC members for stability
Prof. Sheriffdeen Tella, an economist, has appealed to the National Assembly to ensure quick confirmation of members of the Monetary…
CBN calls for calm over MPC meeting, says economy is strong
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has allayed the fears of Nigerians and the international community…
Experts differ on CBN’s retention of interest rate
Financial experts have expressed mixed feelings over the retention of the benchmark interest rate of 14 per cent alongside other…
Forex intervention: CBN injects $210m into market
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the…