MPC

Business and Economy

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...
Ehime ALEX -
Business and Economy

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...
Ehime ALEX -
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Business and Economy

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)...
Harrison EDEH -
Banking and Finance

Amidst falling naira, Nigerians anticipate outcome of first MPC meeting under Cardoso

THE Central Bank of Nigeria (CBN) is expected to make critical decisions on where the country's economy is headed...
Ehime ALEX -
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News

Tinubu seeks Senate confirmation of Cardoso, other MPC members

PRESiDENT Bola Tinubu has asked the Senate to confirm the appointment of the Central Bank of Nigeria (CBN) governor,...
Harrison EDEH -
Business and Economy

CBN’s external policymakers appointment requires due process 

THE Central Bank of Nigeria (CBN) has yet to appoint new external monetary policy committee (MPC) members as it...
Ehime ALEX -
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