EDITORIAL: The Central Bank and Mismanagement of the Nigerian Economy
PREMIUM TIMES is more worried by the effects of the CBN’s policies on domestic lending conditions.
Tag: Monetary Policy Committee (MPC)
MPC retains Nigeria’s lending rate at 14%
Seven members of the MPC were present at the meeting.
Naira rebounds against dollar at parallel market
The Naira, however, depreciated at the investors’ window as it closed at N367.3 to the dollar.
CBN retains 13% lending rate
CBN also resolved to keep the cash reserve requirement at 31 per cent.
Nigeria’s foreign exchange reserves down to $34.38bn in January
The drop is attributable to the various drawdowns by the CBN pursuant to its commitment to defend the nation's currency.
After OPEC meeting, oil price slips below Nigeria’s new benchmark
Nigeria has set a new benchmark at $73, from $78, per barrel of oil, subject to the approval of the ...
The CBN’s New Challenges, By Ifeanyi Uddin
This month the Central Bank of Nigeria’s (CBN) rate-setting committee (the Monetary Policy Committee — MPC) meets for the first ...
New Central Bank Governor may devalue Naira- Renaissance Capital
RenCap said this before Mr. Sanusi’s suspension on Thursday morning Renaissance Capital, an investment Bank has said the new Central Bank ...
The CBN and Institution Building, By Ifeanyi Uddin
The pyrotechnics notwithstanding, the hijinks last week around the fate in office of the governor of the Central Bank of ...
New CBN governor, MPC members to define Nigeria’s monetary policy in 2014, By Oluwaseyi Bangudu
The Central Bank will have a new governor in 2014. The dynamics of Nigeria’s monetary policy in 2014 would be ...
Again On Monetary Policy, By Ifeanyi Uddin
Why should the Central Bank of Nigeria's (CBN) rate-setting committee not raise the policy rate at its meeting this week? ...
The Nigerian economy and the 2013 inflation outlook, By Ifeanyi Uddin
Ifeanyi Uddin argues that the clincher for determining the policy rate over the next six months will be the Nigerian ...
To what and how does today’s MPC meeting respond? By Ifeanyi Uddin
Today, two developments (both of them much trailed) will occur. More precisely, one of these events commences, while the other ...
CBN retains lending rate at 12 per cent, warns against review of 2012 budget fundamentals
Committee says slight adjustment of the benchmark price for the 2012 Appropriation Act could create serious macroeconomic crisis
