21/4/2016/Cordros In what appears to be an open agreement with our opinion (expressed in our most recent economic note “Monetary Policy Committee May Tighten”), the CBN Governor, Godwin Emefiele, on Saturday (April 16, 2016), revealed that the country’s Monetary Policy Rate (MPR) will still have to rise. The CBN boss […]
Tag: Monetary Policy Committee
CBN Communiqu e No. 106 of the MPC Meeting of Monday and Tuesday, March 2 1 and 22 , 2016
March 16, 2016/CBN The Monetary Policy Committee met on 21st and 22nd March 2016 amidst dithering global economic prospects and continuing challenges in the domestic economy. In attendance were 8 out of the 12 members. The Committee appraised the international and domestic economic and financial environments in the first two […]
CBN Raises MPR to 12%, Says Risk Tilts towards Exchange Rate
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR) to 12 percent from 11 percent saying the balance of risk is tilted towards the exchange rate. Also, the MPC narrowed the asymmetric corridor […]
