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MPC

Why CBN may postpone February monetary policy meeting

THERE are indications that the Central Bank of Nigeria (CBN) may  shift its Monetary Policy Committee (MPC), meeting expected...

Bank debtors, businesses to pay more as CBN hikes interest rate to 27.50%

BANK debtors and  businesses are to pay higher interest rate henceforth, as the Central Bank of Nigeria (CBN) has raised...
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Businesses’ borrowing costs to rise as CBN hikes interest rate to 26.75%

BUSINESSES and manufacturers would have to borrow funds at a higher interest rate for their operations as the Central...

Economy suffering as inflation weigh down business activities to seven-month low

THERE are growing concerns as the Nigerian Purchasing Managers’ Index (PMI) dropped to 50.1 points in June, showing inflation...
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CBN raises MPR by 200bps to 24.75%

THE Central Bank of Nigeria (CBN) has again raised the benchmark interest rate as it continues to battle inflationary...

CBN raises interest rate to 22.75%, says banks to recapitalise soon

THE Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting on Tuesday increased the Monetary policy rate (MPR)...
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