Recovery of Naira Linked to $7bn FX Backlog Clearance, BDCs React
The gradual recovery of Nigeria’s currency, the naira, in the last few weeks has been accredited to more investment in ...
Tag: MPC
Breaking: CBN Raises Benchmark MPR by 200 Basis Points to 24.75%
The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 200 basis points, to a new ...
MPC Raises Interest Rate from 18.75% to 22.75%
Monetary Policy Committee (MPC) of the Central Bank of Nigeria has increased the interest rate to 22.75%. Yemi Cardoso, the ...
MPC: Senate Confirms 12 Members of Monetary Policy Committee
Members of Monetary Policy Committee (MPC) Olayemi Cardoso (chairman) Muhammad Sani Abdullahi, CBN deputy governor; Bala M. Bello, CBN deputy ...
CBN Disburses N12.65bn to Farmers in Two Months
According to the Central Bank of Nigeria (CBN), it has disbursed N12.65 billion to farmers through its anchor borrower program ...
CBN may Increase Interest Rate after MPC Meeting Today
As a two-day meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) gets underway on ...
Interest Rate May Surge Before Year-End, Amid Inflationary Pressure, Analysts Say
The Debt Management Office (DMO), projected that the total debt stock of Nigeria is likely to reach N45tn, after it revealed ...
