Debt: MPC Raises Concerns As Servicing Gulps N2.45trn   The Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) has raised concerns over Nigeria’s rising debt and debt service cost. An MPC member, Okwu Nnanna, said in his personal note at the last MPC meeting in Abuja...

Capital Flow, Inflation Top Agenda At MPC   Members of the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) will today converge on Abuja for a two-day meeting. They are expected to take measures for more foreign capital inflow and curtail capital flow reversals and rising...

N8.1trn Bad Loans: Develop Recovery Framework, MPC Urges CBN The Monetary Policy Committee of the Central Bank of Nigeria has directed the apex bank to develop a comprehensive administrative, legal and regulatory framework to speed up the recovery of delinquent loan facilities in the banking...

CBN Unveils Guidelines for Long-term Credit to Agric, Manufacturing The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate and sustain the nation’s economic recovery. It will be recalled...

Again, MPR stands at 14% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to leave the Monetary Policy Rate (MPR) at 14% alongside all other parameters. The Cash Reserve Ratio (CRR) was thus left at 22.5% and the Liquidity Ratio...

Experts Tie MPR Review to 2018 Budget Approval Financial experts have expressed optimism that the Monetary Policy Committee (MPC) would review the monetary policy rates(MPR)  at its subsequent meetings when the 2018 budget would have been passed.They told newsmen in Lagos while reacting to the...