The Coalition of Northern Groups criticizes the Central Bank of Nigeria's Monetary Policy Committee, calling it the worst since 1999, and blames President Tinubu's economic team for worsening Nigeria's economic hardship with ineffective policies.
The Coalition of Northern Groups (CNG) has...
Amidst soaring inflation, the Central Bank of Nigeria (CBN) considers raising interest rates by 100 basis points, as projected by analysts. In April 2024, headline inflation rose to 33.69 percent. With the MPC meeting imminent, stakeholders anticipate decisive measures to address inflationary...
The Central Bank of Nigeria (CBN) will leave interest rate unchanged for a long while, its Governor, Mr. Godwin Emefiele, said yesterday.
He told journalists at the end of a two-day meeting of the Monetary Policy Committee (MPC) …
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Governor of the Central Bank of Nigeria, Godwin Emefiele, has sought the restriction of banks’ access to government securities such as bonds and treasury bills.
Speaking at the recently-held Monetary Policy Committee (MPC) meeting in Abuja, Emefiele said the apex bank needs to initiate...
Following Tuesday’s 50 basis points cut in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), from 14 per cent to 13.50 per cent, analysts have predicted that the naira will appreciate in the coming days. Analysts …
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The monetary policy committee of the Central Bank of Nigeria has warned that Nigeria may head for another economic recession due to weak economic fundamentals currently visible in the economy.
Addressing newsmen shortly after the two-day meeting of the MPC members held at the headquarters of...
President Muhamamdu Buhari-led federal government aggregate foreign exchange (forex) inflow as at the third quarter of 2016 moved up remarkably to $24 billion.
Dr. Doyin Salami, a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) revealed
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