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Central Bank of Nigeria raises interest rate by 50bps to 26.75%

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...The Committee members also voted to adjust the asymmetric corridor to +500bps/-100bps (Previously: +100bps/-300bps), ...retain CRR for Deposit Money Banks at 45.0%, and Merchant Banks...

Quick Take| Expect 100bps hike in interest rate as Central Bank...

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MON MAY 20 2024-theGBJournal|Analysts are projecting a 100 basis points increase in the MPR with other parameters expected remain constant, as the Monetary Policy...

CBN’s Monetary Policy Committee delivers record interest rate hike

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...All other parameters were raised except for liquidity rate which it retained at 30.0%. ...The asymmetric corridor is hiked +100bps/-700bps (Previously: +100bps/-300bps) while the CRR...

CBN’s Monetary Policy Committee to meet on Monday, the first since...

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...The last time the meeting held was in July 2023, under the then Acting CBN Governor, Folashodun Shonubi. FRI, FEB 23 2024-theGBJournal| The Monetary Policy...

CBN’s Monetary Policy Committee fails to meet again on interest rate

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MON, NOV 20 2023-theGBJournal|The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) failed to meet again to decide interest rate direction,...

Another hike anticipated as CBN’s Monetary Policy Committee meets on rates

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SAT, NOV 18 2023-theGBJournal|The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to meet on the 20th and 21st...

Quick Take| CBN’s Monetary Policy Committee likely to raise the MPR...

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WED, SEPT 20 2023-theGBJournal |The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its penultimate meeting of...

Quick Take| Here is why the Monetary Policy Committee of Central...

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THUR, MAY. 18 2023-theGBJournal |The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its third meeting of...

CBN’s MPC raises interest rate again by 50bps to 18%

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TUE. 21 MARCH 2023-theGBJournal | The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its meeting with a decision to raise...

Analysis|Pre-MPC, the debates in favour of a 50bps hike in MPR

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FRI. 17 MARCH 2023-theGBJournal | The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its second meeting of the...