CBN Retains Lending Rate, Says Economic Recovery Still Fragile       The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at 11.5 per cent. The CBN Governor, Godwin Emefiele, who disclosed this after the committee’s two-day meeting in Abuja also...

Monetary Policy, Corporate Results Spur Equity Performance       The stock market swung back into positive territory yesterday following the retention of the Monetary Policy Rate, MPR, at 11.5 per cent by the Central Bank of Nigeria, CBN, in its second Monetary Policy Committee, MPC meeting of...

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...

Interest Rate Slash Threatens Foreign Portfolio Investments, Analysts Say   Analysts have said the reduction of the Monetary Policy Rate, also known as benchmark interest rate, may dampen foreign investors in the nation’s stock market. The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday...

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...

The Nigerian equities market has recorded negative performance two months after the implementation of a flexible foreign exchange (FX) policy by the Central Bank of Nigeria (CBN). This is contrary to expectations that the policy will spur inflow of foreign portfolio and domestic investors...