Tag: Monetary Policy Committee

Net reserves jump 772% to $34.8bn in two years as CBN strengthens Nigeria’s external buffers

Business Damilola Bayonle -
Net reserves jump 772% to $34.8bn in two years Nigeria’s external position has recorded a dramatic turnaround, as Net reserves...

MPC’s rate cut: Why the CBN Is easing carefully without releasing liquidity

Business Damilola Bayonle -
What the MPC’s rate cut really signals for Nigeria’s economy The decision by the Central Bank of Nigeria to lower...

CBN slashes interest rate to 26.5% as inflation eases, signals new monetary direction

Business Damilola Bayonle -
CBN cuts interest rate to 26.5% as inflation slowdown reshapes outlook Nigeria’s monetary policy landscape shifted on Tuesday as the...

Nigeria’s fixed-income yields flash strong signal as investors bet on imminent CBN rate cut

Business Damilola Bayonle -
Fixed-income yields signal market consensus for rate cut as investors flood bonds, CPs Nigeria’s fixed-income market is sending one of...

Naira surges to two-year high at 1,347/$ as FX inflows rise, investors eye profit-taking

Business Damilola Bayonle -
Nigeria’s currency rally gathered pace this week as the naira appreciated to its strongest level in nearly two years,...

MPR Retention: OPS commends CBN’s bold move for economic stability

Business Damilola Bayonle -
Impact of 27% MPR Retention on the Economy Nigeria’s monetary authorities have again held firm on the 27% Monetary...

MPC may cut interest rate again today – Market braces for bold monetary move

Business Damilola Bayonle -
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is widely expected to continue its dovish...

MPC Rate Decision Puts Spotlight on FX and Price Stability Measures

Business Damilola Bayonle -
Nigeria’s Monetary Policy Committee (MPC) has elected to hold the benchmark interest rate at 27.50%, a move welcomed by...