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Tag "MPC"

MAN DG: High lending rate will make Nigeria’s goods less competitive

    MAN DG: High lending rate will make Nigeria’s goods less competitive

Segun Ajayi-Kadir, director general (DG) of the Manufacturers Association of Nigeria (MAN), says the lending rate increased by the monetary policy committee (MPC) will make Nigeria’s goods less competitive. Ajayi-Kadir,

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Volatility in FX market caused by seasonal demand, says CBN

    Volatility in FX market caused by seasonal demand, says CBN

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) says the volatility in the foreign exchange (FX) market is caused by seasonal demand for forex. Olayemi Cardoso,

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CBN raises interest rate to 26.25%

    CBN raises interest rate to 26.25%

The monetary policy committee of the Central Bank of Nigeria (CBN) has raised interest rates from 24.75 percent to 26.25 percent. Olayemi Cardoso, CBN’s governor, announced the rate adjustment at

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CPPE to CBN: Don’t raise interest rates — allow businesses recover from recent hikes

    CPPE to CBN: Don’t raise interest rates — allow businesses recover from recent hikes

The Centre for the Promotion of Private Enterprise (CPPE) has advised the Central Bank of Nigeria (CBN) not to raise the interest rates. On May 20 and May 21, the

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CBN to hold MPC meeting May 20

  CBN to hold MPC meeting May 20

The Central Bank of Nigeria (CBN) is set to hold its 295th monetary policy committee (MPC) meeting next week. In

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ICYMI: FG palliatives contributing to food inflation, says Cardoso

  ICYMI: FG palliatives contributing to food inflation, says Cardoso

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the purchase of foodstuffs by the government as palliatives

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MPC meeting, Nigeria’s public debt… 7 business stories to track this week

  MPC meeting, Nigeria’s public debt… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 25 to March 29. CBN

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CBN to hold MPC meeting March 25

  CBN to hold MPC meeting March 25

The Central Bank of Nigeria (CBN) says it will hold its 294th monetary policy committee (MPC) meeting next week. In

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MPC member: CBN interventions, Ways and Means abuse caused macro-economic instability

  MPC member: CBN interventions, Ways and Means abuse caused macro-economic instability

Murtala Sagagi, a monetary policy committee (MPC) member, says the excessive financial intervention by the Central Bank of Nigeria (CBN)

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IMF backs interest rate hike, says it’ll contain inflation, pressure on naira

  IMF backs interest rate hike, says it’ll contain inflation, pressure on naira

The International Monetary Fund (IMF) says the decision by the monetary policy committee (MPC) of the Central Bank of Nigeria

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