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MPC Votes to Retain MPR at 14%

MPC Votes to Retain MPR at 14% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has voted to retain the Monetary Policy Rate(MPR) at 14 percent at its meeting held between 24th and 26th of September, 2018 at the CBN headquarters ,...

CBN Retains Monetary Policy Rates at 14%

The Central Bank of Nigeria, CBN, has resolved to retain all monetary policy rates, amid fears the new U.S. government’s decision to review trade agreements with most countries could negatively impact global economy. At the end of the Monetary Policy Committee meeting, the monetary policy...

MPC Meets Today, to Discuss Inflation, Exchange Rate

The Central Bank of Nigeria’s Monetary Policy Committee will hold its first meeting for the year today and Tuesday to review developments in the economy and probably set a new direction for growth this year. The 11 members of the MPC meet once in two months...

High Expectations as MPC Meets in Recession

The 252nd Meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) starting tomorrow will be the first since Nigeria economy officially drifted into a recession. A number of Nigerians are expecting the CBN to introduce monetary policies that would help...

CBN Tightens Liquidity, Raises MPR to 12%, CRR to 22.5%

• Emefiele: No intention to convert domiciliary accounts to naira, promises improved forex supply Obinna Chima in Lagos and James Emejo in Abuja The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday resolved to raise the Monetary Policy Rate (MPR) otherwise...