November 27, 2024/Meristem Research At its 298th Monetary Policy Committee (MPC) meeting held on November 25th and 26th, 2024, the MPC deliberated on pivotal choices to guide monetary policy route. The Committee decided to raise the Monetary Policy Rate (MPR) by 25bps from 27.25% to 27.50%. Other key parameters were […]

November 26, 2024/Coronation Research The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the MPR again, albeit moderately, by 25bps to 27.50% in the final meeting of the year, culminating in a total rate hike of 875bps in 2024. The decision to raise the MPR further […]

November 26, 2024/United Capital Research At the 298th Monetary Policy Meeting held on the 25th and 26th of November 2024, the Monetary Policy Committee (MPC, or the Committee) decided to raise the Monetary Policy Rate (MPR) by 25bps from 27.25% to 27.50%, a new all-time high. This decision represents the […]