CBN Increases Interest Rate to 27.25% in Latest Monetary Policy Move
The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) has voted to raise the country's benchmark interest rate, known ...
Thursday, November 7, 2024
Tag: Monetary Policy Committee
Stock Market Maintains Upward Momentum Amid Monetary Policy Speculations
As anticipation builds around the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) meeting today, the Nigerian stock market ...
Nigeria’s money supply nears N100 trillion in May 2024, despite MPC’s tightening efforts
Nigeria’s money supply (M3) has surged to nearly N100 trillion, reaching a new peak of N99.24 trillion in May 2024. ...
CBN raises benchmark MPR by 200 basis points to 24.75%
The Monetary Policy Committee (MPC) of the CBN has announced a significant increase in the benchmark interest rate by 200 ...
CBN Delays Policy Meeting Amid Escalating Inflation Concerns
In response to mounting inflationary pressures, the Central Bank of Nigeria (CBN) has, for the second time in two months, ...
