Tag: Monetary Policy Committee

“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 ...

The government says it will borrow more from concessional sources tied to specific projects.

The IMF says a more flexible exchange rate regime would support inflation targeting.

The Naira on November 27 exchanged at an average of N362/$1 in the BDC segment of markets across Lagos and ...

The bank explains how the proposed increase would stimulate output growth in the economy.

The long delay in the passage of the PIB is setting Nigeria on the highway to replicating Venezuela's oily crisis ...

The committee is also concerned about the rising level of non-performing loans in the banking system.

MPC retains controlling rates for 11th consecutive time.

Some of the members also complained about rising non-performing loans.

About $100 million went to the wholesale sector of the market.