Again CBN Keeps MPR at 14% after 48hrs MPC Meeting THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, has left the Monetary Policy Rate(MPR) unchanged at 14 per cent. CBN Governor, Mr Godwin Emefiele, announced the outcome of the committee at the...

New CBN DGs, MPC Members Assume Duty Mrs. Aisha Ahmad and Mr. Edward Lametek Adamu have formally assumed duty as Deputy Governors of the Central Bank of Nigeria (CBN), following the confirmation of their appointments last week by the Nigerian Senate. The trio of Professor Adeola...

No Cause For Alarm Over MPC, says Emefiele The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has stepped in to douse fears over to the inability of the Central Bank of Nigeria (CBN) to hold January 2018 Monetary Policy Committee (MPC) meeting due...

…MPR, 14%, CRR, 22.5% The 115th communique of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) has agreed to retain all three monetary policy indicators at the current rates as part of efforts to grow the overall outlook of the...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained rates across board, warning that the economy might relapse into worst recession as key macroeconomic indicators pointed to a fragile economic recovery in the second quarter of the year. The MPC...

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank segment of the foreign exchange (forex) market by injecting a total of $482.6 million into the market. This, the bank said underlined its determination to protect the value of the naira. A breakdown...