On a year-on-year basis, the December inflation rate marked a significant increase of 5.87 percentage points ... reported that members of the MPC of the CBN blamed the excess cash in circulation ...

The inflation figures for 2024 reflect a persistent upward trend, with inflation peaking at 34.80 percent ... The CBN’s decision to raise interest rates, increase reserve requirements, and ...

High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...

The naira has sustained rally at both official and parallel markets, with the local currency, reaching its strongest level in ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

Banks’ borrowing from the  Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week.

In response, the MPC spent some time during its meeting this week to plot out what the impact of a trade war would be on SA. It put together a model that predicted what would happen in US tariffs were ...

Reacting to the inflation figures, Yusuf said the CBN should not be tempted to increase interest rates again to tackle the new inflation figures when the Monetary Policy Committee (MPC ...

When repo rate is high, borrowing costs for banks increase, which is often passed on to consumers in the form of higher interest ... The MPC also noted that though growth is expected to recover from ...

RBI Governor Sanjay Malhotra says MPC ... rate by 25 bps unchanged. The meeting of the Monetary Policy Committee (MPC) headed by the new RBI Governor Sanjay Malhotra was scheduled from February 5 ...

Given CPI inflation coming within its range of 4 to 5 percent and GDP growth ... the argument that our MPC is likely to maintain the current interest rates rather than implement a rate cut at ...