Inflation targeting: CBN again raises benchmark interest rate to 24.75%
The Central Bank of Nigeria (CBN) on Tuesday announced further tightening of the monetary policy by raising the Monetary Policy Rate (MPR) by […]
Monetary Policy Committee (MPC)
CBN increases interest rate To 22.75%
The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) has raised the Monetary Policy Rate(MPR) by four hundred basis points to 22.75 percent […]
Senate confirms Cardoso, others as chairman, members of Monetary Policy Committee
The Senate on Thursday confirmed the CBN Governor, Yemi Cardoso, as the Chairman of the Monetary Policy Committee (MPC) of the apex bank. The […]
Tinubu seeks Senate confirmation of Chairman, members of CBN MPC
President Bola Tinubu has sought the confirmation of Senate for the appointment of a Chairman and Members for the Central Bank of Nigeria (CBN) […]
CBN schedules first MPC meeting under Cardoso for February
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting, under the tenure of Mr […]
Experts preach caution as CBN holds first MPC meeting under Tinubu
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares for its July meeting, some financial experts have called for moderation […]
CBN disbursed N12.65bn as agriculture intervention since January – Emefiele
The Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme from January till date. […]
CBN increases Monetary Policy Rate to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has increased the Monetary Policy Rate (MPR) to 18 per cent from 17.5 […]
Against projections, CBN raises interest rate to 17.5%
Against projections by some experts, the Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) has increased the monetary policy rate by 100 basis […]
Emefiele resumes duty amidst terrorism allegations by DSS
By EZEKIEL OBI, Abuja – The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has resumed duty at the apex bank’s headquarters […]
Increased MPR will put pressure on private sector – Economist
An economist, Prof. Evans Osabuohien says the increase of Monetary Policy Rate (MPR) by the Monetary Policy Committee (MPC) Central Bank of Nigeria (CBN) will […]
CBN hikes Monetary Policy Rate to 15.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 14 per cent to 15.5 […]
CBN increases benchmark interest rate to 14%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from […]
CBN raises MPR to 13%, retains other parameters
For the first time in over two years, the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 13 per cent. […]
Prioritise investment in infrastructure to boost Nigeria’s economy – Emefiele urges FG
By JOY ADARA, Abuja- The Central Bank of Nigeria (CBN) has called on the Federal Government to prioritise investment in infrastructure to improve the country’s […]
CBN retains MPR at 11.5%, other parameters remain constant
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5 per […]