Central Bank

CBN Predicts Rate Cut Will Ignite Credit Expansion and Boost Economic Growth
The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in...

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Politics Today
7 days ago7 days ago

The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in the Monetary Policy Rate (MPR) is intended to foster economic expansion without compromising the naira’s exchange rate stability. In a discussion on TVC, Dr. Victor Oboh, the apex bank’s Monetary...

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Employers and Economists Applaud Central Bank’s Bold Move to Slash Interest Rate to 27%
After a five-year interval, the Central Bank of Nigeria (CBN) has opted to lower its key interest rate, reflecting a measured adjustment in its monetary...

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Politics Today
2 weeks ago2 weeks ago

After a five-year interval, the Central Bank of Nigeria (CBN) has opted to lower its key interest rate, reflecting a measured adjustment in its monetary policy as inflation trends show consistent improvement. Concluding its two-day Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, the CBN decreased the Monetary Policy Rate (MPR) by 50 basis...

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Monetary Policy Committee Meeting Sparks Debate: Analysts Split on Whether a Rate Cut is Needed
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) convenes for its September session, opinions among financial experts remain split on whether it is...

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Politics Today
2 weeks ago2 weeks ago

As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) convenes for its September session, opinions among financial experts remain split on whether it is appropriate to loosen the restrictive monetary policy that has been maintained for over a year. Some analysts believe that the recent improvements in economic indicators provide the CBN with an...

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Monetary Policy Committee Forecasts Naira to Hit ₦1,400 per Dollar by Year-End
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) have forecast a continued appreciation of the naira, anticipating it will strengthen to approximately...

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Politics Today
3 weeks ago3 weeks ago

Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) have forecast a continued appreciation of the naira, anticipating it will strengthen to approximately N1400 per US dollar by the close of 2025. This positive outlook is underpinned by enhanced oil production, consistent capital inflows, and prudent liquidity management strategies. During the July MPC...

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