cbn mpc meeting

The Central Bank of Nigeria, (CBN) ' announced yesterday that it shall continue to retain the key monetary policy variables as decided by the MPC at its last meeting in November. The two-day MPC meeting which was slated to commence today will not hold due to the inability of the committee to...

The Central Bank of Nigeria’s Monetary Policy will Monday (today) its two-day bi-monthly meeting in Abuja. Recall that at its last meeting in March,the committee (MPC) retained all monetary policies rates. Godwin Emefiele, governor of the bank had announced that the committee decided to keep...

Naira traded bullish last week gaining 1.57 per cent to exchange at N380 from N386 per dollar it opened on Monday in the parallel market. This development is coming as the CBN conducted its weekly Secondary Market Intervention Sales (SMIS) auction at the official foreign exchange market. CBN...

Finance Minister, Mrs. Kemi Adeosun said on Monday urged the Central Bank to lower interest rates so that the government can borrow domestically to boost the economy, which is stuck in recession, without increasing its debt-servicing costs. Adeosun said she is working with the debt office...

The naira has hit yet new record lows this morning as the currency continues to slide as the 251st edition of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) underway. The Nigerian currency has dropped a further 1 per cent against the greenback this morning to a new...