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Monetary Policy Rate

MPC at Crossroads as Disinflation Strengthens Case for Rate Cut

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Nigeria’s monetary authorities face a pivotal moment as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria meets on February 23 and 24, with a growing body of data strengthening the case for cautious policy easing. After nearly two years of aggressive tightening that pushed the benchmark Monetary Policy Rate (MPR) to 27.0 […]

MPC: Experts differ on benchmark interest rate

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Banks

…I expect MPC to reduce MPR to 13.5%, says Uwaleke …Committee members likely to cut interest rates – FDC …No, I don’t expect any change in the rates – Adedipe Expectations are high over the reduction of the Monetary Policy Rate (MPR), as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) […]