The Central Bank of Nigeria’s (CBN) survey has revealed that 65.8 percent of respondents want the monetary authority to cut interest rates. The finding comes just days before the Monetary Policy Committee (MPC) convenes for its July meeting to decide on the future direction of interest rates.
Steady Hands in Stormy Times: Why Holding Rates Was the Right Call for Nigeria, by Rahma Olamide Oladosu
In the face of persistent global economic uncertainties and domestic challenges, the decision of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) to retain the Monetary...
Why we Projected Moderation in Inflation, Maintained Key Rates - CBN
The Central Bank of Nigeria (CBN) has expressed optimism about a gradual drop in inflation rates, citing recent macroeconomic developments that are expected to positively impact price dynamics in the near to medium term.
CBN...
CBN Retains Interest Rate at 27.5%
The Central Bank of Nigeria (CBN) has maintained its current stance on interest rates, retaining the Monetary Policy Rate (MPR) at 27.5%.
This decision was announced by CBN Governor, Olayemi Cardoso, after the apex bank's 299th Monetary Policy Committee (MPC)...
