(Special Report) On the other ‘Coronavirus’ veiled with Chinese loans
Whereas the Federal Government continues to insist on borrowing more from China either the Central bank of China or the sister China-Exim Bank for another $17bn loan, experts have continued to ask questions on where are all the recovered loots…
Between CBN’s caution on rising debt and planned $30bn new loan
Before the latest Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on Friday, January 24, 2020, every executive official of the Federal Government including Ministers, had been claiming that Nigeria’s debt profile is still within manageable…
Like CBN, BoG ends MPC meeting retaining all rates over inflationary fears
The impacts of negative inflationary trends bugging key economies in West Africa due to certain policy decisions so far taken have forced Nigeria and Ghana monetary policy makers to maintained rates status-quo in their meetings this week. Otherwise, for fear…
Why CBN kept rates unchanged at November MPC meeting—Rewane, Cordros
Leading economic analysts and development pundits have given insights on why the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), rose from its November meeting Tuesday to retain the previous standing of all rates. In his assessment, Chief executive…
Pay contractors to reduce NPL pressures on Nigerian banks, CBN tells FG
A Deputy Governor of the Central Bank of Nigeria (CBN), who doubles as member of the Monetary Policy Committee (MPC), Mr. Edward Lametek, has made it clear that “payment of contractor debts by the Federal Government would go a long…
Just in: CBN ends MPC meeting, retains rates amidst fears of fragile economy
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) today, voted to maintain status quo that was reviewed during the previous meeting. Today’s meeting was the 267th meeting and third this year which came barely few days after the…
Dropping MPR from 14 to 13.50% can’t guaranty banks loan give out—Experts
At the end of its 266th meeting (second this year) Tuesday, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) voted to cut benchmark rate by 50 bps – first time is since September 2015. However, financial pundits have…
CBN’s fear for FX volatility may compel MPC to leave parameters unchanged—BHIU
As the Central Bank of Nigeria (CBN) begins its second Monetary Policy Committee (MPC) meeting this week, Business Hilights Intelligence Unit (BHIU), an independent economic research arm of Business Hilights publications has disclosed that it expects that majority of its…
Just in: MPC ends two-day meeting in Abuja, maintains status quo to remain safe
Contrary to several experts’ views that the Monetary Policy Committee (MPC) meeting of the Central bank of Nigeria (CBN) that started on Monday will end today with slight adjustments on rates, it rather chose to maintain status quo by keeping…
2019 fever, US-China trade crisis to disrupt views as MPC meeting begins today
Starting from today, Monday, September 24, 2018, the Monetary Policy Committee (MPC) of the Central bank of Nigeria (CBN), will commence its two-day monetary policy meeting in a period of rising electioneering heat and unpredictable outlook from the ever-rising US/China…
