By Seun Ibiyemi In its recent Monetary Policy Committee (MPC) meeting held on February 20, 2025, the Central Bank of Nigeria (CBN) decided to retain the Monetary Policy Rate (MPR) at 27.5 percent. This decision has significant implications for Small…
By Seun Ibiyemi In its 299th meeting held on February 19-20, 2025, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) unanimously decided to retain the Monetary Policy Rate (MPR) at 27.5.per cent. This decision comes in the context…
The Central Bank of Nigeria (CBN) on Thursday retained its benchmark interest rate known as the Policy Rate (MPR) at 27.5 percent, following the rebased consumer price index (CPI). The National Bureau of Statistics (NBS) on Tuesday rebased the CPI…
By Matthew Denis In a significant move to address rising inflation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) from 26.75 percent to 27.25 percent. The decision was announced…
…As increased inflation rate may trigger another hike in rates ahead of next meeting More details have emerged from the last Monetary Policy Committee (MPC) meeting held in February that raised the Monetary Policy Rate (MPR) and Credit Reserve Ratio…
By Sodiq Adelakun In a forward-looking assessment of Nigeria’s economic policy, The Economist Intelligence Unit (EIU) has forecasted a potential easing of the country’s Monetary Policy Rate (MPR) to 12.5 percent by the year 2026, provided that inflation rates decline.…
…Call for synergy between monetary, fiscal policies By Seun Ibiyemi Experts have faulted the recent hike in the Monetary Policy rate (MPR) by the Central Bank of Nigeria noting that it will have adverse effects on the real sector of…
By Seun Ibiyemi, Lagos and Mathew Dennis, Abuja Economic experts have projected a hike and tightening of the benchmark interest rate known as the Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) ahead of their inaugural meeting of…
The Association of Capital Market Academics of Nigeria (ACMAN) suggests that the Central Bank of Nigeria (CBN) should raise the Monetary Policy Rate (MPR) above the current 18.5 per cent to support the Naira float and attract foreign capital inflows.…
By Ogaga Ariemu Economists and financial experts have raised concerns that investors in Nigeria hardly profit due to harsh economic realities occasioned by an increase in the Monetary Policy Rate and untamed inflation rate. In an interview with Nigeria NewsDirect…
