All posts tagged "MPC"
-
NEWS November 26, 2024CBN Raises Interest Rate to 27.5% to Tackle Inflation
On November 26, 2024, the Central Bank of Nigeria (CBN) announced a 25 basis point increase in the country’s interest rate, bringing it to 27.5%, up...
-
NEWS September 24, 2024CBN’s Rate Hikes: Renewed Confidence in the Naira for Nigerians
The Central Bank of Nigeria (CBN) recently announced that its series of interest rate hikes last year have significantly boosted Nigerians’ confidence in the national currency,...
-
NEWS September 23, 2024Naira Plummets 51.5% Against the Dollar: A Year of Economic Struggles Under CBN Governor Cardoso
In the past year, under the stewardship of Central Bank of Nigeria (CBN) Governor Olayemi Cardoso, the Naira has faced a staggering depreciation of 51.5% against...
-
NEWS September 23, 2024Exchange Rates, Inflation, and Energy Prices in Focus as Nigeria’s MPC Meets Today
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) is convening today to reassess the country’s economic landscape, concentrating on crucial issues like inflation, the...
