Thursday, April 25, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "monetary policy rate"

Obaseki to CBN: Increasing interest rate will not lead to economic growth

    Obaseki to CBN: Increasing interest rate will not lead to economic growth

Godwin Obaseki, governor of Edo state, says fundamentally and fiscally, an increase in the monetary policy rate (MPR) will not lead to economic growth. On February 27, 2024, the monetary

0 comment Read Full Article

‘It’ll cause job loss’ — Obi says interest rate hike will worsen economic situation

    ‘It’ll cause job loss’ — Obi says interest rate hike will worsen economic situation

Peter Obi, former Anambra state governor, says the hike in interest rate by the Central Bank of Nigeria (CBN) will worsen the country’s economic situation. In a statement on his

0 comment Read Full Article

Fiscal issues affecting MPR impact, say experts ahead of MPC meeting

    Fiscal issues affecting MPR impact, say experts ahead of MPC meeting

After postponing the monetary policy committee (MPC) meeting twice in the second half of 2023, the decision-making body of the Central Bank of Nigeria (CBN) will finally meet on February

0 comment Read Full Article

‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

    ‘We won’t make life difficult for Nigerians’ — CBN keeps MPR at 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent. Godwin Emefiele, the CBN governor, announced the committee’s

0 comment Read Full Article

NSE is world’s best performing exchange, posts biggest daily gain in five years

  NSE is world’s best performing exchange, posts biggest daily gain in five years

The Nigerian Stock Exchange (NSE) emerged the best performing stock exchange in the world on Tuesday. Market capitalisation, which opened

0 comment Read Full Article

CBN holds benchmark interest rate at 12.5%, says interventions yielding positive results

  CBN holds benchmark interest rate at 12.5%, says interventions yielding positive results

The monetary policy committee of the Central Bank of Nigeria (CBN) has announced its decision to retain the monetary policy

0 comment Read Full Article

CBN leaves rates unchanged as IMF downgrades growth

  CBN leaves rates unchanged as IMF downgrades growth

In a widely expected move, the Central Bank of Nigeria (CBN) has left interest rates unchanged at 14% for January.

0 comment Read Full Article
error: Content is protected from copying.