The stance of Monetary Policy in the review period remained accommodative as the Monetary Policy Rate was maintained at 13.50 per cent. On month-on-month basis, broad money supply (M3), grew...Read More
Monetary Policy refers to the specific actions taken by the Central Bank to regulate the value, supply and cost of money in the economy with a view to achieving Government’s...Read More
Consumer prices increased 1.04% on a month-on-month basis in September, up from August’s 0.99% rise. The slight acceleration was mainly driven by a faster growth of food prices. Inflation rose...Read More
At its 19–20 September meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously decided to hold its monetary policy rate, as well as all other...Read More
1.INTRODUCTION The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, unveiled the Bank’s five-year vision and policy thrust on June 24th, 2019. The CBN’s five-year economic plan...Read More
Nigeria’s central bank governor, Godwin Emefiele, said the monetary authority will continue to tight economic policy due to the inflation outlook. Emefiele stated this at a conference on post-election agenda...Read More
TREASURY BILLS A beginner guide to investing in treasury bills. Water-down explanation of treasury bills and how to invest in it. Quick tips on how interest is earned and when...Read More