Tag: MPR
-
High monetary policy rate”ll hurt investment decisions – NECA
The Nigeria Employers’ Consultative Association (NECA) has said the apex bank’s successive increase in the Monetary Policy Rate (MPR) will continue to hurt investment decisions in the private sector. NECA’s Director-General, Mr Adewale-Smatt Oyerinde, expressed the view in a statement on Tuesday.
-
MPC: Continuous increasing of MPR will not grow Nigeria’s economy – Ex-CBN director
Former Director of Research, Central Bank of Nigeria (CBN), Dr Titus Okunrounmu, says the continuous increasing of Monetary Policy Rate (MPR) by the bank’s Monetary Policy Committee (MPC) will not help the economy to grow. Okunrounmu said this to NAN on Wednesday in Ota.
-
BREAKING: CBN raises MPR by 400 bps from 18.75% to 22.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 400 basis points (bps) from 18.75% to 22.75%.
-
IMF tells CBN to further hike MPR
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to further hike Monetary Policy Rate (MPR) when next its Monetary Policy Committee (MPC) meets. The position of the Fund was given by its Director of Communications, Ms. Julie Kozack, in Washington DC, United States of America. She noted that the liquidity…
-
Why CBN moderately raised interest rate from 18.50% to 18.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Monday, raised the country’s Monetary Policy Rate (MPR) from 18.50 per cent to 18.75 per cent.
-
BREAKING: CBN hikes interest rate to 18.75%
The Central Bank of Nigeria (CBN) has moderately raised the monetary policy rate (MPR) from 18.5% to 18.75%.
-
How CBN’s raised 15.5% interest rate ‘ll put Nigerians on harder times
Following the Central Bank of Nigeria (CBN) hiked Monetary Policy Rate (MPR) to 15.5 percent, the highest ever in 20 years, Nigerians stand to face harder times. The increase came yesterday at the end of its Monetary Policy Committee meeting, which started on Monday in Abuja. CBN Governor, Godwin Emefiele, who announced the new rate,…
-
CBN raises MPR to 13%, retains other parameters
For the first time in over two years, the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 13 per cent.
-
CBN holds MPR at 11.5%, maintains other parameters
The Central Bank of Nigeria (CBN’s) Monetary Policy Committee has maintained its key lending rate at 11.5 per cent, with the asymetric corridor of +100 and -700 basis points around the MPR.
-
CBN retains MPR at 11.5 per cent
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent. The announcement was made on Tuesday by the CBN governor He noted that the MPR is the baseline interest rate in an economy and every other interest rate used within an economy…