Nigeria’s economy would benefit from interest-rate easing even though it’s likely that the central bank will keep the key indicator unchanged tomorrow, Finance Minister Ngozi Okonjo-Iweala said. “We would be very grateful if we saw an easing of the interest rate, a little bit, in order to also help more […]
Tag: Central Bank
MPC May Maintain Tight Monetary Stance on Crude Oil Volatility
There are strong indications that the Central Bank of Nigeria’s (CBN’s) Monetary Policy Committee (MPC), which commences its 232nd meeting today will leave all its monetary policy tools unchanged at the end of the two-day meeting. This, according to findings by THISDAY, would be based on the continued volatility in […]
Polymer notes: Economists express divergent views
Economists have expressed divergent views on the decision by the Central Bank of Nigeria to withdraw polymer notes from circulation soon and replace them with paper notes. While some experts, who spoke to our correspondents in an interview on Tuesday, agreed with the decision, others blamed the CBN for performing […]
