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UPDATE: MPC Cuts Interest Rate By 100bps To 12.5%

The Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) on Thursday were faced with the choice of reducing or leaving policy parameters...

JUST IN: MPC Cuts Interest Rate To 12.5%

The Monetary Policy Committee (MPC) members of Central Bank of Nigeria (CBN) on Thursday reduced interest rate to 12. 5 per cent from 13.5...

Eid-el-Fitr Holiday: CBN Shifts MPC Meeting to Thursday

The May 2020 meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has been earlier scheduled to hold on...

Monetary Policy Committee of CBN Maintains Status Quo on Rates

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), faced with the choice of reducing or leaving policy parameters unchanged –...

MPC Maintains Status Quo At Final Meeting Of 2019

The Monetary Policy Committee (MPC) meeting of the Central bank of Nigeria (CBN)  that held on the 25th and 26th of November has just...

CBN Reduces Interest Rate to 13.5%

FOR the first time in more than two years, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday adjusted interest...

MPC Again Maintains Status Quo, in Line With Consensus

At the end of its 262nd meeting (third this year), the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) voted to maintain status...

Rapid Response: MPC Again Maintains Status Quo, in Line With Consensus

At the end of its 261st meeting (second this year), the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) voted to maintain status quo...

Obasanjo Wants CBN to Review Interest Rates For Agricultural Development

Former President, Chief Olusegun Obasanjo has called on the Central Bank of Nigeria (CBN) to review the interest rate given on agricultural loans. Obasanjo disclosed...

Naira in Upswing…as CBN Targets Convergence

With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run against the...
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