Tag: Monetary Policy Committee

The committee also voted to retain the liquidity ratio at 30 per cent.

The Monetary Policy Rate was increased by 50 basis points (bps) to 27.65 per cent from 26.25 per cent.

CBN has increased interest rates by a total of 750 basis points across three consecutive Monetary Policy Committee (MPC) meetings.

The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the ...

This is not a buy, sell or hold recommendation but a stock investment guide.

Four issues involving CBN came up for discussion at the upper legislative chamber last week.

This is not a buy, sell or hold recommendation but a stock investment guide.

The MPC meeting, the first to be held under Mr Cardoso as the CBN governor, aims to brainstorm and engage ...

This is the second time in three months the CBN monetary policy committee meeting would be postponed.

“A new date will be communicated in new course,” the apex bank disclosed in the document seen by PREMIUM TIMES, ...

The apex bank made this known after the two-day Monetary Policy Committee (MPC) meeting.

The CBN should resist the temptation to further increase the Monetary Policy Rate, some experts warned.

The CBN's MPC also voted to keep the asymmetric corridor at +100 and -700 basis points around the MPR

The U.S. Federal Reserve's decision on Wednesday, the biggest in 22 years, is expected to reverberate around the globe and ...

President Muhammadu Buhari had forwarded the names to the nominees to the Senate for confirmation on February 23.

The benchmark rate stands 11.5 per cent.

The committee members worried in December that while the economy was recovering, it remained fragile and more needed to be ...

The bank also retained other parameters as it did in February.

The survey could be a gauge of how economically-active Nigerians are.

The market capitalisation dropped by N9 billion naira to close at N12.660 trillion in contrast with N12.669 on Friday.

The CBN governor said he is not aware of any business in Nigeria going under as a result of the ...

The trading indices lost N29 billion or 0.22 per cent, with market capitalisation closing at N13.115 trillion compared with N13.144 ...

The MPR is the interest rate at which the central bank lends to commercial banks.

The CBN resolved to leave all but one monetary policy parameter unchanged.

Zimbabwe’s last currency, the Zimbabwe dollar, became moribund in 2009 following a spell of hyper-inflation and was replaced by a ...