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
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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
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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
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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
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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
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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
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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
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