Business Hilights

Tracking Nigeria's Headline Business News Online

Monetary Policy Rate

Disruption in MPC meeting schedule only dangerous on the long run—Experts

Inability of the Central Bank of Nigeria (CBN) to hold its first Monetary Policy Committee (MPC) meeting scheduled for Monday and yesterday, Tuesday may not affect the economy in the immediate, but at the long run if rescheduling fails to…

Why lottery brands, other portfolio investors are invading Nigerian —LCCI

Fresh facts have emerged on why more portfolio rather than institutional investors are having field day in the Nigerian economy. Explaining issues around the recent retention of Monetary Policy Rate at 14 per cent by the Monetary Policy Committee (MPC)…

LCCI kicks as CBN retains monetary policy rate at 14%, others unchanged

The Lagos Chamber of Commerce and Industry (LCCI) has frowned at the retention of Monetary Policy Rate at 14 per cent, saying “The retention of the rates is only good for portfolio investors and this economy is tired of such…

Lift forex ban on 41 items, criminalize Bureau D’Change to exit recession early—IMF

The long awaited warning from the International Monetary Fund (IMF) finally came and two major contents include that the Federal Government need to lift the remaining foreign exchange restrictions on the 41 items and see how it can outlaw multiple…