Tag: monetary policy committee
Nigeria Battles High Inflation as CBN Governor Links It to Failed Intervention Funds
The failed N10 trillion intervention funds and N27 trillion ways and means (W&M) are being cited as contributing factors to the high inflation that Nigeria[more...]
Bank of England Holds Interest Rates at 5.25% Amid Political and Economic Tensions
Amid rising political tensions and economic uncertainties, the Bank of England’s decision to hold interest rates at 5.25% has sparked a wave of criticisms and[more...]
Nigeria’s Central Bank Raises Benchmark Interest Rate to 26.25%
The Central Bank of Nigeria has announced a significant hike in the benchmark interest rate, raising it by 150 basis points to 26.25%. This decision,[more...]
Rising Food Prices in Nigeria Prompt Calls for Policy Adjustment
The average price of imported food commodities to Nigeria has climbed to a record high, increasing by 34 percent over the course of a year.[more...]
Central Bank of Nigeria Raises Interest Rate Amid Market Uncertainty
The decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria to raise the benchmark interest rate from 22.75% to 24.75% has[more...]
Bank of England policymaker warns against excessive interest rate cuts
Catherine Mann, a member of the Bank of England's Monetary Policy Committee (MPC), has cautioned that financial markets are pricing in too many interest rate[more...]
Nigeria’s Central Bank Monetary Policy Committee Addresses Inflation Concerns
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised concerns about the worsening inflation in the country. Members of the committee[more...]
Rescuing the Naira from the Grip of the Parallel Market Monster
Sam Olofin, a former member of the Monetary Policy Committee of the Central Bank of Nigeria, has spoken out about the state of the naira,[more...]
Bank of England reveals biggest split in 16 years over interest rates decision
The Bank of England made a notable announcement, revealing its largest division in 16 years over the decision to leave interest rates at 5.25%. The[more...]
CBN to Hold First Monetary Policy Committee Meeting on February 26
The Central Bank of Nigeria (CBN) is set to kick off its calendar of Monetary Policy Committee (MPC) meetings with the first session scheduled for[more...]
