Nigerians groan as high diesel price stokes inflation
The impact of higher energy costs is expected to reflect stronger in Nigeria’s inflation figures when the National Bureau of Statistics publishes data for March but for Nigerians the pain…
Browsing Tag
Monetary Policy Committee (MPC)
CBN extends 5% interest rate on intervention funds for one year
The Central Bank of Nigeria (CBN) has extended the 5 percent per annum interest rate on its intervention facilities for one year.
The extension, which takes effect retrospectively on…
Interest rate: MPC review unlikely on inflation, oil price
Ahead of the next meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), analysts have said chances are slim that the benchmark interest rate will be adjusted.…
How Nigeria can diversify foreign exchange earnings – MPC members
Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) have highlighted steps that can be taken to diversify the sources of foreign exchange into the country.…
Inflation surge unlikely to raise interest rate
The first increase in Nigeria's inflation rate in nine months is unlikely to lead to a hike in interest rates when the Monetary Policy Committee (MPC) meets next week.
Nigeria’s headline…