Nigeria’s Apex Bank, CBN raises Monetary Policy Rate to 13%, to rein in Inflationary Pressures.
All of the Monetary Policy Committee members voted for an upward review of the Monetary Policy Rate (MPR), given that Nigeria’s headline inflation increased by 16.82% in April 2022 compared to 15.92% in March 2022. The MPR was increased to... Read More →
What Is Monetary Policy?
Ever heard of the term monetary policy? In recent times, the governor of the Central Bank of Nigeria, Godwin Emiefele, and other top executives of the apex bank have been in the news almost every quarter of the year, to... Read More →