MPC

Increasing interest rate won’t control inflation, World Bank warns Nigeria

Increasing interest rate won't control inflation, World Bank warns Nigeria    Efforts to tame galloping inflation in Nigeria through continued…

6 months ago

CBN jacks up interest rate amid soaring inflation

CBN jacks up interest rate amid soaring inflation The Central Bank of Nigeria (CBN) on Tuesday raised the interest rate…

9 months ago

Senate confirms Cardoso, 11 others as MPC members

Senate confirms Cardoso, 11 others as MPC members Governor of the Central Bank of Nigeria, Mr. Olayemi Cardodso, and 11…

10 months ago

Just in: CBN raises interest rate to 18.75%

Just in: CBN raises interest rate to 18.75% The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate…

1 year ago

Cash in circulation to rise 20% to N3.8trn, scarcity ends April – Rewane

Contrary to speculations that the Central Bank of Nigeria (CBN) has burnt the old naira notes it withdrew from the…

2 years ago

CBN jacks up interest rate to 18 per cent

The Central Bank of Nigeria (CBN) has jacked up the interest rate from 17.5 per cent to 18 per cent.…

2 years ago

NACCIMA Hails CBN’s Resolve to Fight Inflation, Expresses Concern about High Cost of Fund

The National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) has tasked the Central Bank of Nigeria (CBN)…

2 years ago

Interest rate stays at 11.5%, says CBN

The monetary policy committee of the Central Bank of Nigeria has retained interet rate at 11.5 per cent. This was…

3 years ago

MPC meets today, inflation, rising unemployment in focus

Members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) will today begin their two-day meeting in Abuja…

4 years ago

Updated: CBN opposes second lockdown, retains interest rate at 11.5%

Banks’ credit to economy hit N25tn in 2020 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has…

4 years ago