Tag: Monetary Policy Committee (MPC)
LCCI tasks CBN on supply side instruments to tackle inflation
The Lagos Chamber of Commerce and Industry (LCCI) has stressed the need for a corresponding boost to supply side factors of inflation to accompany...
Expert suggests change in rates as CBN holds 2-day MPC meeting
A Financial Expert, Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to ensure a complete review in all the rates in Monetary...
Nigeria not debt distress, needs more revenue, says DMO
The Debt Management Office (DMO), says Nigeria does not face the risk of experiencing “debt distress” due to its 15.9 billion dollars Eurobonds.The News...
MPC: Raising interest rate ‘ll reduce loanable funds for investment — Economist
An economist, Prof. Evans Osabuohien, on Sunday said raising the benchmark interest rate from 11.5 per cent to 13 by the Monetary Policy Committee...
Russian – Ukrainian conflict, COVID-19 resurgence stifling global economic growth – Emefiele
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) says the war between Russia and Ukraine poses a threat to the global...
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Paris Olympics: Tinubu approves full budget for Team Nigeria
The Minister of Sports Development, Sen. John Enoh, said...
NGX stock market opens 0.02% lower amid equities decline
The Nigerian Exchange Ltd. (NGX) stock market opened the...
World Bank appoints Ndiamé Diop as Country Director for Nigeria
The World Bank has appointed Dr Ndiamé Diop as...
Customs generates N1.02trn in H1 2024 in Apapa
The Nigeria Customs Service (NCS) has generated N1.02 trillion...