Tag: MPC
Think-tank projects inflation drop to 17% by December, predicts MPC rate...
Abuja, Sept. 17, 2025 (NAN) The Independent Media and Policy Initiative (IMPI), a Nigerian policy think-tank, has projected that Nigeria’s headline inflation will fall to 17...
CPPE urges MPC to halt interest rate hikes amid stretched policies
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Monetary Policy Committee (MPC) to halt interest rate hikes at its forthcoming...
MPC likely to increase lending rate by another 100 basis points-expert
As the Monetary Policy Committee (MPC) meets on Monday, a financial expert, Prof. Uche Uwaleke, says the committee will likely increase the baseline lending...
Naira appreciation: some sectors may witness drop in prices – -economist
A development economist, Prof. Ken Ife, says some sectors may soon witness a drop in prices as the naira appreciates against the dollar.
Ife said...
Inflation targeting: CBN again raises benchmark interest rate
The Central Bank of Nigeria (CBN) on Tuesday announced further tightening of monetary policy by raising the Monetary Policy Rate (MPR) by 200 basis...
CBN clears $1.5bn outstanding fx transactions, eliminates legacy backlog
The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled.
This is according to a statement by CBN’s Acting...
Investors oversubscribe CBN N1trn OMO bills
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in...
Stock market declines further by N773bn on MPR hike
Transactions on the stock market closed negative on Tuesday for the secondary day, depreciating further by 1.38 percent in reaction to the outcome of...
Naira grossly undervalued – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, says the naira is grossly undervalued.
Cardoso said this on Tuesday in Abuja,...
CBN sets date for MPC meeting
The Central Bank of Nigeria has announced its Monetary Policy Committee meeting would be held on March 20 and 21, 2023.
The two-day meeting, according...
MPC: CBN retains MPR at 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday announced a retention of the country’s Monetary Policy Rate (MPR) at...
