Monetary Policy Rate

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Be Cautious On Monetary Policy Tightening As Businesses Yet To Recover From Previous Hikes, CPPE Tells CBN

Ahead of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting later this month, the Centre for the Promotion of Public Enterprise (CPPE) has issued a plea for a cautious

Emmanuel Ochayi

May 16, 2024

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·Finance & Economy·Markets·News

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

The Central Bank of Nigeria (CBN) has announced an inflow of over $1.5 billion into the economy, signaling positive outcomes from its monetary policy efforts. Mrs. Sidi Ali, the acting Director of

Emmanuel Ochayi

March 29, 2024

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria - CBN Survey

Business·Finance & Economy

How CBN’s New Monetary Policy Rate Will Affect Businesses In Nigeria – Economic Experts

Economic experts have raised concerns about the implications of the decision of the Central Bank of Nigeria (CBN) to further tighten monetary policy on businesses in the country.

Victor Ezeja

February 28, 2024

Breaking: CBN Tell Banks To Increase Interest Rate On Loan, Set MPR At 18.5%

Business·Insights

CBN Using Wrong Tool To Fight Inflation – Dr. Muda Yusuf, Others Tackle MPR Hike

The decision of the Central Bank of Nigeria (CBN) to increase the Monetary Policy Rate (MPR), which serves as a benchmark for commercial banks’ loan interest rates, has come under scrutiny. On

Fakoyejo Olalekan

March 22, 2023

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business

Updated: Emefiele Reveals Reasons CBN Increased MPR/Interest Rate To 18%

The Central Bank of Nigeria (CBN) increased the Monetary Policy Rate to 18 per cent from 17.5 per cent on Tuesday, 21 March 2023, to halt inflation. Governor of the CBN, Godwin

Fakoyejo Olalekan

March 21, 2023

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Finance & Economy

Nigeria’s Inflation And CBN’s Policy Options

Nigeria’s Inflation, an economic situation where there is a general rise in prices of goods and services, directly impacts cost of living. It harms the economy and well-being of consumers, especially the

Arize Nwobu

November 30, 2022

Business·Insights

How CBN’s New 15.5% Interest Rate, CRR Affects Your Business, Lifestyle

The Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR), which is the benchmark interest rate, to 15.5 percent from 14 percent on Tuesday. Nigeria’s central bank also raise cash

Fakoyejo Olalekan

September 27, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has increased interest rate on savings account, as the apex bank said Nigeria’s economy has returned to normalcy. In a circular

Fakoyejo Olalekan

August 16, 2022

Business

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) following a hike in inflation rate in June. The central bank made the decision after Tuesday’s Monetary Policy Committee

Fakoyejo Olalekan

July 19, 2022

Finance & Economy·News

Support Productive Sectors To Reduce Cost, LCCI Urges CBN

LCCI has urged CBN to extend its targeted intervention schemes to productive sectors in order to reduce cost of production in Nigeria.

Victor Ezeja

May 28, 2022

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Be Cautious On Monetary Policy Tightening As Businesses Yet To Recover From Previous Hikes, CPPE Tells CBN

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

How CBN’s New Monetary Policy Rate Will Affect Businesses In Nigeria – Economic Experts

CBN Using Wrong Tool To Fight Inflation – Dr. Muda Yusuf, Others Tackle MPR Hike

Updated: Emefiele Reveals Reasons CBN Increased MPR/Interest Rate To 18%

Nigeria’s Inflation And CBN’s Policy Options

How CBN’s New 15.5% Interest Rate, CRR Affects Your Business, Lifestyle

CBN’s Godwin Emefiele Increases Savings Interest Rate – How It Affects Nigerians, Inflation

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

Support Productive Sectors To Reduce Cost, LCCI Urges CBN

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