MPC

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said the removal of subsidy on Premium Motor Spirit (PMS) and the naira devaluation will fuel the inflation rate. Members

Fakoyejo Olalekan

1 year ago

Business

Increased Spending Towards Elections, Others To Affect Economy – CBN

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has projected that Nigeria’s economy will grow at a subdued pace in 2023. MPC made this known in a 70-page

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

Updated: Why CBN Raised Interest Rate To 17.5%, Highest In 22 Years

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the interest rate to 17.5 per cent on Tuesday, 24 January 2023. This was disclosed by the central bank

Fakoyejo Olalekan

2 years ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business

Nigeria’s Foreign Reserves Drops To $37.09 billion, CBN’s MPC Member Makes Projection

Within 12 months, Nigeria’s foreign reserves fell by $3.43 billion in 2022. However, it increased towards the end of the same year, reflecting the projection made by a member of the Central

Fakoyejo Olalekan

2 years ago

Governor of Nigerias Central Bank Godwin Emefiele

Editorial

EDITORIAL: How To Save The Naira

As Nigeria’s monetary policy managers, the Central Bank of Nigeria (CBN), through its highest decision-making organ, the Monetary Policy Committee (MPC), holds its 287th meeting on Monday, September 26, and Tuesday September

Prime Business Africa Editorial

2 years ago

Business·Latest News·Top Stories

Dollar May Hit N1,000; Naira Devaluation Looms

Many an analyst have predicted that the dollar will unofficially hit the dreaded 1000 naira mark at the parallel market by the end of the year unless monetary policy managers – The

Uduegbunam Chukwujama

2 years ago

Business

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) following a hike in inflation rate in June. The central bank made the decision after Tuesday’s Monetary Policy Committee

Fakoyejo Olalekan

2 years ago

Business

Dr. Bongo, Other Experts Predict Same Interest Rate As MPC Holds Today

Some economic and business experts have predicted that the Monetary Policy Committee will retain the benchmark interest rate and others at the end of its first meeting in 2022. The Central Bank

PBA Reporter

3 years ago

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CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

Increased Spending Towards Elections, Others To Affect Economy – CBN

Updated: Why CBN Raised Interest Rate To 17.5%, Highest In 22 Years

Nigeria’s Foreign Reserves Drops To $37.09 billion, CBN’s MPC Member Makes Projection

EDITORIAL: How To Save The Naira

Dollar May Hit N1,000; Naira Devaluation Looms

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

Dr. Bongo, Other Experts Predict Same Interest Rate As MPC Holds Today

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