All posts tagged "MPR"

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  Analysts Applaud MPCs Decision On Rates

  The Monetary Policy Committee (MPC) decided to leave the Monetary Policy Rate unchanged at 12% when they met in Abuja yesterday. The decision makers are of the opinion that the $79 oil benchmark poses an inflationary threat...

  • Posted January 22, 2013
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  CBN Cautions National Assembly on Oil Benchmark Increase, Retains Interest Rate At 12%

  The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday advised the National Assembly not to increase the 2013 budget oil benchmark from $75 to $80 per barrel. The CBN Governor, Mr. Lamido Sanusi said,...

  • Posted November 21, 2012
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  Inflation Rises to 12.8% on Political Spending

  Inflation rate in Nigeria rose to 12.8 percent year-on-year in March 2011, higher than the 11.1 per cent recorded the previous month, the National Bureau of Statistics (NBS) has said. Most analysts attributed the development to heavy...

  • Posted April 19, 2011
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• MPR increase: Controlling inflation ahead of the elections

  The benchmark lending rate was recently increased from 6.5 per cent to 7.5 per cent by the Monetary Policy Committee of the Central Bank of Nigeria. Experts say the increase will strengthen the value of the naira...

  • Posted March 28, 2011
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• Expert seeks retention of current MPR

  AHEAD of tomorrow’s meeting of the Monetary Policy Committee (MPC), analysts have called on the Central Bank of Nigeria (CBN) to leave the Monetary Policy Rate (MPR) unchanged at 6.5 per cent, until broad-based macroeconomic stability has...

  • Posted March 22, 2011
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