Economic and financial analysts have said that 2014, being a run-up to the election year in the country, is a waiting period for most investors as they will like to see the direction the country will go before making any investment decision. According to the experts, the pre-election year is […]
Tag: Monetary Policy Committee
Naira value likely to drop this year – Rewane
The Managing Director, Financial Derivatives Company Limited, Mr. Bismarck Rewane, has said that the naira will come under intense pressure this year. Rewane said in an interview with our correspondent that the new members of the Monetary Policy Committee would need to find a way to support the currency. “I […]
Nigeria’s Central Bank Retains Rate at 12%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Central Bank Tuesday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 91 of the Monetary Policy Committee (MPC) Meeting of Monday and Tuesday September 23 and 24, 2013. At the MPC meeting, it took […]
