MPC

Interest rate: Cardoso setting Nigeria on the right course, says World Bank  
Business & Economy

Interest rate: Cardoso setting Nigeria on the right course, says World Bank  

The World Bank has lauded the reforms led by the Central Bank Governor, Yemi Cardoso, noting that his monetary policies…
CBN confirms FAAC allocations impacting exchange rate stability – Nairametrics
Business & Economy

CBN confirms FAAC allocations impacting exchange rate stability – Nairametrics

The Central Bank of Nigeria (CBN) has alluded that there is a correlation between monthly disbursement from the Federation Account…
CBN raises interest rate by 50 basis points to 27.25%  – Nairametrics
Business & Economy

CBN raises interest rate by 50 basis points to 27.25%  – Nairametrics

In a move that stunned the financial markets, the Central Bank of Nigeria (CBN) Monetary Policy Committee voted to further…
Nigeria’s money supply nears N100 trillion in May 2024, despite MPC’s tightening efforts 
Business & Economy

Nigeria’s money supply nears N100 trillion in May 2024, despite MPC’s tightening efforts 

Nigeria’s money supply (M3) has surged to nearly N100 trillion, hitting a new peak of N99.24 trillion in May 2024. …
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