Financial analysts have cautioned the Monetary Policy Committee of the Central Bank of Nigeria to avoid increasing the Monetary Policy Rate, currently fixed at 12 per cent, ahead of the committee’s meeting scheduled for today and tomorrow, 25-26 July, 2016 . The Monetary Policy Rate...

Mixed reactions have continued to trail the decision by the Monetary Policy Committee of the Central Bank of Nigeria (CBN) to increase the benchmark interest rate by 1 per cent at their last meeting. While some economists and financial analysts flayed the increment of the...