Tag: Monetary Policy

  • JUST IN: CBN Raises Monetary Policy Rate To 13%

    JUST IN: CBN Raises Monetary Policy Rate To 13%

    The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to raise the monetary policy rate (MPR), which measures interest rate, to 13 per cent. Addressing journalists on Tuesday after the committee’s meeting at the CBN headquarters in Abuja, Godwin Emefiele, governor of the apex bank, said six out of eleven committee…

  • MPC: Experts Task CBN On Realistic Approach To Monetary Policy Decisions

    MPC: Experts Task CBN On Realistic Approach To Monetary Policy Decisions

    Some financial experts have called on the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to adopt a more realistic approach to its policy decisions. This advice is coming as the MPC is scheduled to holds its bi-monthly meeting on Monday. The experts, who spoke to the yanstv in separate interviews, urged…