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MPC Decision: Nigeria Economy In Right Direction – Tony Elumelu

MPC Decision: Nigeria Economy In Right Direction – Tony Elumelu

Following the decisions made by the Central Bank of Nigeria (CBN) at its most recent Monetary Policy Committee (MPC) meeting on February 27, Tony Elumelu, Chairman of the United Bank for Africa (UBA), has said…

Again, CBN Postpones MPC Meeting

Again, CBN Postpones MPC Meeting

The Central Bank of Nigeria (CBN) has once again postponed the Monetary Policy Committee (MPC) meeting after the same was done in September 2023. This development has, however, indicated that the newly appointed CBN Governor,…

CBN Postpones 293rd MPC Meeting

CBN Postpones 293rd MPC Meeting

The Central Bank of Nigeria (CBN) has postponed the 293rd meeting of the Monetary Policy Committee (MPC). The apex bank who made the development known in a statement issued by its spokesperson, Abdulmumin Isa did…

JUST-IN: CBN Raises Interest Rate To 18.5% To Tame Inflation

JUST-IN: CBN Raises Interest Rate To 18.5% To Tame Inflation

The policy-setting committee of the Central Bank of Nigeria (CBN) on Wednesday raised the monetary policy rate (MPR), which measures the interest rate from 18 percent to 18.5 percent in March. The CBN Governor, Godwin…

MPC Meeting: Analysts expect mild rate hike

MPC Meeting: Analysts expect mild rate hike

Analysts have said that they expect members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) to vote to implement a mild increase in the benchmark interest rate- Monetary Policy Rate (MPR), at…