MPC

MEMBERS of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria have expressed concern about the rising share of government in total credit to the domestic economy, saying that government can explore alternative financing…

As CBN holds its 275th quarterly Monetary Policy Committee (MPC) meeting on Monday, a Financial expert, Mr Okechukwu Unegbe called for the reduction of lending rates by banks to encourage investment. Unegbe, who is a Past President of…

A financial expert, Prof Uche Uwaleke, predicted that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would retain policy rates due to likely campaign spending ahead of the 2019 polls. Uwaleke, Head of Banking…

THE Monetary Policy Committee (MPC) for the 13th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. The Central Bank Governor, Mr Godwin Emefiele made this known at a news conference on Tuesday in Abuja on the…

THE Monetary Policy Committee (MPC) has retained the Monetary Policy Rate at 14 per cent, to combat inflation due to foreseen increase in government spending ahead of the 2019 elections. The Central Bank of Nigeria (CBN) Governor, Mr…

MONETARY Policy Committee (MPC) on Tuesday retained benchmark interest rate at 14 percent. At its second meeting in 2018, which started on Monday, the committee also declared current economic growth as fragile and urged fiscal…

MR Eze Onyepere, the Lead Director, Centre for Social Justice has called on the Monetary Policy Committee (MPC) to fix interest rates on bank loans to check the high rate by financial institutions. Onyepere, who said this in an interview…

Newly confirmed deputy governors and members of Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) were all on Wednesday instituted as they too necessary oaths of office. Mrs Aisha Ahmad and Mr Edward Lametek Adamu, deputy…

PROF Sheriffdeen Tella, an economist, has appealed to the National Assembly to ensure quick confirmation of members of the Monetary Policy Committee (MPC) nominated by President Muhammadu Buhari in October 2017. Tella, a Professor of…

THE Central Bank of Nigeria (CBN) again boosted the foreign exchange market on Monday by offering $195m in three segments of the market. In the wholesale Secondary Market Intervention Sales (SMIS), it auctioned $100m and also intervened…