Monetary Policy Committee

January 24, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has revealed that a new 5-Year Strategy has been launched for the CBN under his leadership. Dr Cardoso, who disclosed this in a keynote address...

January 19, (THEWILL) - The Central Bank of Nigeria (CBN) will hold its first Monetary Policy Committee (MPC) meeting under the leadership of Dr Olayemi Cardoso who assumed office as the CBN Governor on October 5, 2023. ...

November 19, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to meet on the 20th and 21st of November after failing to have its September policy meeting, following the appointment of...

October 15, (THEWILL) - In the ever-evolving landscape of economic and fiscal policy-making, Nigeria has been characterised by abrupt policy reversals, delays and sharp about-faces. These sudden shifts in government policies have often left a trail of confusion, economic...

July 25, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the interest rate to 18.75 per cent on Tuesday. After the committee’s meeting on Tuesday, which is the first without Godwin Emefiele...

May 18, (THEWILL) - A member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), Edward Adamu, has said that the sterilisation of banks’ funds under the Cash Reserve Ratio (CRR) policy of the CBN should be...

Regrettably, for the umpteenth time, a critical driver of the hyper-inflationary trend in Nigeria has been identified as the ever-rising price and shortage of food. Year after year the consumer price index (CPI) records an uptick mainly due to...

A large number of micro, small and medium enterprises (MSMEs) have migrated to the cashless ecosystem amid scarcity of Naira notes. The development has accentuated the 95 percent Financial Inclusion target of the Governor of Central Bank of Nigeria,...

At the normative level, there is negative correlation between an increase in the nominal anchor, popularly called the Monetary Policy Rate (MPR) and equity prices in the stock market. When there is an increase in the MPR, speculators hit...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its first meeting of 2023 on the 23rd and 24th of January. Many analysts believe that the Committee remains faced with either...