MPC Calls On FG To Reduce $57 Budget Oil Benchmark   The Monetary Policy Committee of the Central Bank of Nigeria has called on the Federal Government to review downwards the 2020 budget oil price benchmark of $57 per barrel to stimulate fiscal buffers. The CBN Governor,...

MPC May Retain Interest Rate To Accelerate GDP Growth - Analysts   Analysts have predicted that members of the Monetary Policy Committee (MPC), which commence their last meeting for 2019 today, will leave the benchmark Monetary Policy Rate (MPR) and other monetary policy tools unchanged to...

FG, States' Debt: MPC Members Raise Concern   Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed concerns over the rising debts owed by the Federal Government and states in the country. The MPC members voiced their concerns at the last...

Renewed Inflationary Pressure Key Focus of  MPC’s Meeting The renewed inflationary pressure in the country is expected to be among the key focus at the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting which commences in Abuja today. The outcome of the two-day...

CBN Cautions Against Rising Debt Level The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday cautioned the Federal Government against the rising debt level in the country. The committee warned that except the Federal Government came up with measures to address the country’s...

Analysts Rule Out Interest Rate Cut As MPC Meets As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) commences its first meeting in 2019 today, financial market analysts have ruled out the possibility of a cut in interest rate, on the eve of the...