Interest Rate Hike Looms As MPC Meets The two-day Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting, which commences today will be closely watched after the country’s emerging market peers – Turkey and Russia- recently raised interest rate. This development is coming as the...

MPC Maintains Status Quo As Investors Lose N93 Billion   •Analysts call for caution on investment decisions The decision by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), to maintain status quo for the tenth consecutive session triggered renewed profit-taking at the Nigeria Stock Exchange...

MPC: Experts Predict Rise In Inflation, Unchanged Rates   Financial and economic experts have said the Monetary Policy Committee of the Central Bank of Nigeria will likely leave the Monetary Policy Rate, also known as the benchmark interest rate, unchanged at the end of its two-day...

Stability In Banking Sector, Key To Economic Recovery ― MPC The Monetary Policy Committee of the Central Bank of Nigeria has said the stability of the banking sector is key to economic recovery. In a communiqué of the MPC meeting held on May 21 and 22,...

MPC worries Over Portfolio Investors’ Exit   Members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed worry over the exit of foreign portfolio investors from the country on the back of the rise in interest rates in the United States. In a...

Inflation And Election: MPC May Hold Interest Rate Despite the drop in inflation to 12.48 per cent in March to below the Central Bank of Nigeria’s benchmark Monetary Policy Rate (MPR) of 14 per cent, members of the Monetary Policy Committee (MPC), slated to commence...