…Decision will yield economic growth —Adi Bongo …Retaining previous MPR expected —Prof. Uwaleke By Abimbola Abatta, Blessing Wika and Uthman Salami The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said the Monetary Policy Committee (MPC) has retained…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5 per cent for the umpteenth time. Reading a communiqué after the committee’s 282nd meeting on Tuesday,…
Analysts have said Nigeria’s benchmark Monetary Policy Rate (MPR) has been predicted to rise by 200 basis points to 13.5 per cent in 2021, up from the 11.5 per cent it is presently. Bloomberg Economics made the prediction in the…
