CBN Raises Interest Rate Again, Shocks Market and Experts
In a move that sent shockwaves through the financial markets, the Central Bank of Nigeria (CBN) on Tuesday announced a significant increase in its Monetary Policy Rate (MPR). The rate…
In a move that sent shockwaves through the financial markets, the Central Bank of Nigeria (CBN) on Tuesday announced a significant increase in its Monetary Policy Rate (MPR). The rate…
Nigeria’s battle against inflation intensified on Tuesday, July 23rd, 2024, as the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) announced a 50 basis point increase in the benchmark…
CEM REPORT, MARKET| The Naira’s performance against the US Dollar presented a mixed picture on Wednesday, May 23rd, 2024. Following the Central Bank of Nigeria’s (CBN) decision to increase the…
Nigeria’s fight against inflation intensified today as the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) raised the benchmark interest rate, the Monetary Policy Rate (MPR), by 150 basis…
CEM ANALYSIS, ECONOMY | Experts have continued to react to the decision by the Monetary Policy Committee to increase interest rate as an effort to tame the roaring inflation in…
CEM REPORT, ECONOMY | The Central Bank of Nigeria (CBN)’s MPC on Tuesday raised its Monetary Policy Rate (MPR) (interest rate) by 400 basis points from 18.75 per cent to…