The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that the Monetary Policy Committee will chart a new course for an improved monetary policy and Central Bank of Nigeria (CBN) that will provide direction for monetary policy…
By Ogaga Ariemu Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) has been slated to commence on Monday amid inflationary pressure, other challenges facing Nigeria’s economy. The Consumer Price Index (CPI), which measures the rate of…
An economist, Prof. Evans Osabuohien, on Sunday said raising the benchmark interest rate from 11.5 per cent to 13 by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would reduce loanable funds for investment. Osabuohien, a…
Economic experts on Sunday expressed optimism that the Central Bank of Nigeria (CBN), Monetary Policy Committee (MPC), might retain interest rate due to rising inflation rate. They made the projection during an interview with journalists in Lagos on expectations from…
By Seun Ibiyemi The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday announced a retention of the country’s Monetary Policy Rate (MPR) at 11.5 per cent. At the end of the first MPC meeting in…
As the first Monetary policy committee (MPC) meeting of the Central Bank of Nigeria (CBN) commenced on Monday, a financial expert, Mr Okechukwu Unegbu, called for a paradigm shift in its decisions to reflect present economic realities. Unegbu, a past…
Prof. Uche Uwaleke has expressed optimism of rates retention at the 281st meeting of the Monetary Policy Committee (MPC) due to the current pressure in the foriegn exchange market. Uwaleke, a Professor of Finance and Capital Market at the Nasarawa…
Stock market operators have predicted that mixed performance will be sustained on the nation’s bourse this week ahead of September Monetary Policy Committee (MPC) meeting and August inflation report. They said this in an interview in Lagos on Monday, while…
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN’s) Monetary Policy Committee to focus on policy decisions that would curb rising inflation and stabilise the Naira. Unegbu, a past president of the Chartered Institute of…
…formulate economic security — Analysts urge By Matthew Denis & Aanu Olaleye, Abuja As the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting commenced on Monday, analysts have expressed that inflation rate, imbalance in external sector, among others…
