MPC

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its maiden meeting of the year, retaining the Monetary Policy Rate (MPR) at 11.5 per cent and advising the federal government against another lockdown to…

The Central Bank of Nigeria (CBN) has so far made a total of N3.5 trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy. This is contained in the 132nd communique of the Monetary Policy Committee…

The Monetary Policy Committee (MPC) has recommended a combination of broad-based monetary and fiscal policy measures to curb the rise in inflation and contraction in output growth. The MPC's recommendation is contained in the communique…

The Monetary Policy Committee (MPC) has sliced the benchmark interest rate by 100 basis points to 11.5 percent. Prior to Tuesday's MPC meeting, the benchmark interest rate was 12.5 percent as at September 22, 2020 and 13.5 percent as at…

ISMAIL MUSA and AMINA HUSSAINI, Abuja The Monetary Policy Committee (MPC) Thursday announced a further reduction by 100bps to 12.5 percent on the Monetary Policy Rate (MPR) to prevent the economy from sliding into recession The…

AMINA HUSSAINI, Abuja For coinciding with the Eid-el Fitr holidays, the Central Bank of Nigeria (CBN) has shifted the May 2020 Monetary Policy Committee (MPC) meeting to Thursday, May 28. The meeting earlier scheduled for next week…

AMINA HUSSAINI, Abuja The Monetary Policy Committee) Central Bank of Nigeria (CBN)  Tuesday resolved to retain the Monetary Policy Rate (MPR) also known as the interest rate at 13.5 per cent. Godwin Emefiele, CBN governor…

Umoru Abdulkadir The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) ended its two-day meeting Tuesday, deciding to retain the Interest rate at 13.5 per cent to sustain the economic growth. Governor Mr Godwin…

By UMORU ABDULKADIR The Central Bank of Nigeria (CBN) Friday resolved to retain the Monetary Policy Rate (MPR) otherwise known as interest rate at 13.5 per cent. The MPR which is the rate at which the CBN lends to the real sector…

By ADEMOLA OYETUNJI Nigerian elite class never cease to exhibit its selfish position on things that affect the commonwealth of the nation. This entrenched interest was exhibited over the CBN Governor’s pronouncement to place milk and…