CPPE
Food price surge offsets inflation drop, CPPE warns
Despite Nigeria’s recent decline in headline inflation, the Centre for the Promotion of Private Enterprise (CPPE) has cautioned that persistent food price increases and structural inefficiencies continue to undermine economic stability. The Director and Chief Executive Officer of CPPE, Dr. Muda Yusuf, gave the warning in a statement on Sunday while analyzing the National Bureau […]
MPC Holds Rate, Sparks Debate Over Inflation Risks
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has once again retained the Monetary Policy Rate (MPR) at 27.5%, marking the third consecutive hold in 2025. The decision, announced by CBN Governor Olayemi Cardoso after the MPC’s 301st meeting in Abuja, has sparked mixed reactions among financial experts and business stakeholders. […]
CPPE React to CBN’s Rate Decision: More Measures Needed
The Central Bank of Nigeria’s (CBN) decision to pause interest rate hikes has been commended by the Centre for the Promotion of Private Enterprise (CPPE). However, the CPPE’s Chief Executive Officer, Dr. Muda Yusuf, emphasized that more action is needed to support economic growth. The CBN’s Monetary Policy Committee (MPC) retained the Monetary Policy Rate […]