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Monetary Policy Rate

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BusinessNews

‘Is 2024 a year of crisis or confidence?’ Pundit reveals

By Chioma Obinagwam Overview of 2023 The performance of the domestic economy appears to have deteriorated compared to 2022 full year (FY) levels,...

BusinessNews

Analysts react to latest MPR hike by CBN

…says hike in subsequent MPC meeting not unlikely Chioma Obinagwam Analysts at Cordros Research, the research arm of Cordros Capital, have reacted to...

BusinessNews

Parthian Partners unveils robust investment options for 2023

By Chioma Obinagwam The Parthian Group, has proffered a bouquet of robust investment options for year 2023. Confiance News gathered from the company...

BusinessNews

Inflation: Pundit urges FG to review trade, industrial policies

By Chioma Obinagwam The Federal Government of Nigeria (FGN) needs to revive and concentrate on production, review its trade- industrial policy and borrow...

BusinessNews

Why Central Bank of Nigeria adjusted interest rate after two and a half years

By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) announced at the end of the 285th meeting of the...

BusinessNews

MPC meeting: CBN to maintain status quo on parameters amid economic recovery

By Chioma Obinagwam As the 282nd Monetary Policy Committee (MPC) meeting extends to the second day, there are strong speculations that Nigeria’s apex...

BusinessNews

Nigeria’s Central Bank retains lending rate at 11.5%, targets economic recovery

By Chioma Obinagwam The Monetary Policy Committee (MPC) of Nigeria’s apex monetary authority– the Central Bank of Nigeria (CBN) has retained the Monetary...

BusinessNewsUncategorized

CBN cuts MPR by 50bps to stimulate economy

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has cut Monetary Policy Rate (MPR) by 50 basis points( bps...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

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