MPC members express deep concern over excessive government spending, warning it undermines monetary policy efforts ...
Meanwhile, Ikeazor advocated for more decisive monetary policy actions to curb inflation and maintain economic stability. He noted that while monetary tightening has come at the expense of economic ...
A member of the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC), Bala Bello, has listed key indicators that ...
The Punch on MSN2d
Excessive govt spending undermining monetary policy – MPC memberA member of the Central Bank of Nigeria’s Monetary Policy Committee, Murtala Sagagi, says excessive government spending is a ...
Inflation has continued to be one of Nigeria’s most pressing economic challenges, with the Consumer Price Index (CPI) ...
Compared with the past month, the naira has gained five percent, rising by N80 from N1,665 traded at the beginning of the ...
The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central Bank of ...
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
The Punch on MSN3d
Excess liquidity hurts push for lower inflationSAMI TUNJI examines Nigeria’s rising inflation crisis, the impact of excess liquidity, among other factors, further spotlighting efforts by the Central Bank of Nigeria to curb it through monetary ...
CBN restricts BDCs to $25,000 weekly forex purchases from one bank, aims to curb speculation and stabilize the naira.
“The prolonged CBN capital verification could be ascribed as the principal causative factor for the unusual performance of the market in January 2025. Market failed to enjoy a reasonable level ...
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