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Quality Investment Windows Few, Lending Rates High โ€“ Experts

Quality Investment Windows Few, Lending Rates High โ€“ Experts     Experts have said the new interest rate policy of the Central Bank of Nigeria on savings accounts will discourage people from saving and encourage investment. Some of the experts, who spoke on the policy, said quality investment...

CBN Retains Interest Rate At 12.5%

CBN Retains Interest Rate At 12.5%     The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has held the Monetary Policy Rate (MPR) constant at 12.5%. This was disclosed by Governor, CBN, Godwin Emefiele while reading the communique at the end of the MPC meeting...

Analysts Forecast Higher Inflation Rates

Analysts Forecast Higher Inflation Rates     Economists and development analysts at the Centre for the Study of Economies in Africa (CSEA) have projected that the nationโ€™s inflation rate may surge further in the months ahead as the various fiscal stimulus packages deployed to combat the pandemic...

Experts Tie MPR Review to 2018 Budget Approval

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)ย  at its subsequent meetings when the 2018 budget would have been passed.They told newsmen in Lagos while reacting to the...

Again CBN Keeps MPR at 14% after 48hrs MPC Meeting

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...

Monetary Policy Rate Remains unchanged at 14%

ย โ€ฆ.Also all other Parameters ย  Again for the past five months the Monetary Policy Committee(MPC) of the Central Bank of Nigeria has left the Monetary Policy Rate(MPR) unchanged at 14 per cent. The Governor of the Central Bank of Nigeria(CBN), Mr. Godwin Emefiele, who announced the decision...