WorldStage– The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for reducing the Monetary...
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WorldStage– The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for reducing the Monetary Policy Rate (MPR), while warning about potential limitations of the decision. NECA Director-General, Mr Adewale-Smatt Oyerinde said that the modest rate cut must translate into real economic benefits for households and businesses across Nigeria to have meaningful impact. At its 302nd meeting, the Monetary Policy Committee (MPC) lowered the MPR by 50 basis points to 27 per cent and introduced new measures on cash reserve and liquidity requirements. Oyerinde noted inflation…
WorldStage– The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for reducing the Monetary...
%BlogLink% %FearturedImage% %PostLink% The Central Bank of Nigeria (CBN), on Tuesday, announced a reduction in its Monetary Policy Rate (MPR) by 50...
WorldStage– The Monetary Policy Committee (MPC) of the CBN on Tuesday reduced Nigeria’s baseline interest rate known as the Monetary Policy Rate...
WorldStage– The Monetary Policy Committee (MPC) of the CBN on Tuesday reduced Nigeria’s baseline interest rate known as the Monetary Policy Rate...
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27.5% in July to 27%. The decision...
By Nasir Dambatta For the first time in five years, the Central Bank of Nigeria (CBN) has shifted from its prolonged tightening stance and cut the...
By Nasir Dambatta For the first time in five years, the Central Bank of Nigeria (CBN) has shifted from its prolonged tightening stance and cut the...
Safiu Kehinde The Presidency has described the Central Bank of Nigeria’s (CBN) ease of interest rate as validation of President Bola Tinubu’s...
Safiu Kehinde The Presidency has described the Central Bank of Nigeria’s (CBN) ease of interest rate as validation of President Bola Tinubu’s...
The Central Bank of Nigeria (CBN) has reduced the monetary policy rate (interest rate) to 27%. This marked…