Monetary Policy Committee

The fall continues as Foreign reserves shed $673.13m in two months

There is no respite for the naira as the country’s foreign reserves shed $673.13m, plunging from $36.57bn on June 1…

By Businessam Staff
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Turkish inflation up to a 14-year high as lira slides

Turkish consumer price inflation rose to a 14-year high in June, official data showed on Tuesday, driving the lira down…

Expectations of a near term MPC rate cut wane on rising yields in developed markets

The expectation of a July 2018 rate cut by Nigeria's Central Bank Monetary Policy Committee (MPC) is looking less certain,…

Central bank of Nigeria’s MPC to meet first time this year as Senate approves appointment of members

Nigeria’s Senate has approved the appointment of two deputy central bank governors and three members of the Monetary Policy Committee…

Nigeria’s executive, legislature face-off slows economic policies

Bismarck Rewane, financial analyst and chief executive officer of Lagos-based Financial Derivatives Company Ltd (FDC), has indicated that the political…

Nigeria central bank hints of possible rate cut in H2 2018 on easing inflation

Godwin Emefiele, Nigeria’s central bank governor indicated Wednesday, January 24, 2018 that there could be an interest rate cut before…

Nigeria’s MPC keeps rates steady at 14% as CBN sees external reserves trending over $34bn

In line with some analysts’ expectations, the Monetary Policy Committee of the Central Bank of Nigeria (CBN) Tuesday left the…

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