MPC

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said the removal of subsidy on Premium Motor Spirit (PMS) and the naira devaluation will fuel the inflation rate. Members of the MPC stated that the continued hike in food

July 26, 2023

Business

Increased Spending Towards Elections, Others To Affect Economy – CBN

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has projected that Nigeria’s economy will grow at a subdued pace in 2023. MPC made this known in a 70-page document released on Wednesday covering the MPC’s first meeting for

March 2, 2023

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

Updated: Why CBN Raised Interest Rate To 17.5%, Highest In 22 Years

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the interest rate to 17.5 per cent on Tuesday, 24 January 2023. This was disclosed by the central bank governor, Godwin Emefiele, during the post-MPC meeting held on Monday

January 24, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business

Nigeria’s Foreign Reserves Drops To $37.09 billion, CBN’s MPC Member Makes Projection

Within 12 months, Nigeria’s foreign reserves fell by $3.43 billion in 2022. However, it increased towards the end of the same year, reflecting the projection made by a member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC). The external

January 3, 2023

Governor of Nigerias Central Bank Godwin Emefiele

Editorial

EDITORIAL: How To Save The Naira

As Nigeria’s monetary policy managers, the Central Bank of Nigeria (CBN), through its highest decision-making organ, the Monetary Policy Committee (MPC), holds its 287th meeting on Monday, September 26, and Tuesday September 27, taming inflation and maintaining Naira stability remains its priority.

September 26, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·News·Top Stories

Dollar May Hit N1,000; Naira Devaluation Looms

Many an analyst have predicted that the dollar will unofficially hit the dreaded 1000 naira mark at the parallel market by the end of the year unless monetary policy managers – The Central Bank of Nigeria (CBN) – does something dramatically drastic.

September 23, 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 (MPC) meeting. Godwin Emefiele, the central bank governor raised the

July 19, 2022

Business

Dr. Bongo, Other Experts Predict Same Interest Rate As MPC Holds Today

Some economic and business experts have predicted that the Monetary Policy Committee will retain the benchmark interest rate and others at the end of its first meeting in 2022. The Central Bank of Nigeria had earlier disclosed that it would hold its

January 24, 2022

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

Increased Spending Towards Elections, Others To Affect Economy – CBN

Updated: Why CBN Raised Interest Rate To 17.5%, Highest In 22 Years

Nigeria’s Foreign Reserves Drops To $37.09 billion, CBN’s MPC Member Makes Projection

EDITORIAL: How To Save The Naira

Dollar May Hit N1,000; Naira Devaluation Looms

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

Dr. Bongo, Other Experts Predict Same Interest Rate As MPC Holds Today

Featured Stories

Trump Threatens to Cut U.S. Aid to Nigeria, Military Action Over Killings of Christians

ICRC President Says World Leaders Must Act to End Killing in Sudan

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

Security Forces Intensify Manhunt for Abducted Kebbi Deputy Speaker

Whatsapp Channel

Latest News

South Africa Brushes Off Trump’s Push for Its Removal from G20, Says Summit Preparations Unshaken

Gold, Aluminium Discoveries In Benue Spark Hope for Economic Boom

Tinubu Expands Cabinet With Plateau, Enugu Nominees as Governance Reshuffle Continues

U.S. Military Drafts Three-Tier Intervention Plans for Nigeria After Trump Orders Preparatory Action

Gold, Aluminium Discoveries In Benue Spark Hope for Economic Boom

Investors Reposition As US-China Trade Deal Nears Completion

‘With No More Fed Cuts This Year, US Risks Stagflation’

INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi

South Africa Brushes Off Trump’s Push for Its Removal from G20, Says Summit Preparations Unshaken

Suggestions

MPC

Featured Stories

Follow Us

Whatsapp Channel

Latest News