Monday, May 20, 2024

Monetary Policy Committee (MPC)

April 1, 2024

CBN’s tightening policy to bolster foreign portfolio investments: Expert

“Aggressive tightening is the most appropriate response to the size of the challenge that we face right now,” he said.

Central Bank of Nigeria (CBN)
March 27, 2024

BDC operators urge FG to focus on export initiatives amid rising inflation

Mr Gwadabe suggested collaboration among export-related agencies.

Dollar and Naira
February 28, 2024

Binance disables P2P function amid clampdown from Nigerian authorities

People Gazette also noticed that the Nigerian currency was unavailable on Binance on Wednesday.

February 27, 2024

CBN raises interest rate by 400 basis points to 22.75% to tackle inflation

CBN governor Yemi Cardoso, who chairs the MPC, announced the committee’s decisions on Tuesday after the meeting.

Olayemi Cardoso
February 25, 2024

Experts expect tighter monetary policy ahead of CBN’s first MPC meeting under Cardoso

At the July 2023 meeting, the committee had raised MPR by 25 basis points to 18.75 per cent from 18.50 per cent.

Olayemi Cardoso
February 9, 2024

Agusto & Co identifies variables to shape 2024 economic growth

Agusto & Co. provides industry research and knowledge in Nigeria and Sub-Saharan Africa.

September 21, 2023

CBN postpones September MPC meeting indefinitely

The meeting was earlier scheduled to be held on September 25 and 26.

Central Bank of Nigeria (CBN)
July 23, 2023

Experts call for caution as CBN’s MPC prepares for first meeting under Tinubu

The CBN has announced that the 292nd meeting of the MPC will be held on Monday and Tuesday, to be chaired by Folashodun Shonubi, the acting governor of the CBN.

President Bola Tinubu
May 24, 2023

CBN raises interest rate to 18.5%; highest in 22 years

The CBN governor, Godwin Emefiele, made this known during the post-MPC press conference on Wednesday.

Godwin Emefiele
March 21, 2023

Experts caution CBN against interest rate benchmark of 18%

The financial experts said the increase can lead to a prolonged downturn in economic activities.

CBN governor, Godwin Emefiele