Monetary – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 27 Sep 2022 21:42:47 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Monetary – InfoStride News https://www.theinfostride.com 32 32 CBN raises monetary policy rate to 15.5%, highest in 20 years https://www.theinfostride.com/cbn-raises-monetary-policy-rate-to-15-5-highest-in-20-years/ https://www.theinfostride.com/cbn-raises-monetary-policy-rate-to-15-5-highest-in-20-years/#respond Tue, 27 Sep 2022 21:42:47 +0000 https://www.theinfostride.com/?p=333211 The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate (monetary policy rate) to 15.5% from 14%, being the third hawkish move by the apex bank in 2022 following the rising rate of inflation.  This was disclosed by the Governor of the CBN, Godwin Emefiele, while reading [...]

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]]> https://www.theinfostride.com/cbn-raises-monetary-policy-rate-to-15-5-highest-in-20-years/feed/ 0 Monetary Policy Not Enough To Expand Economy – Buhari https://www.theinfostride.com/monetary-policy-not-enough-to-expand-economy-buhari/ Thu, 18 Aug 2016 16:11:08 +0000 http://www.theinfostride.com/?p=140628 Nigeria will need to combine monetary policies with fiscal and structural policies in order to overcome its worst economic crisis in decades and return to growth, President Muhammadu Buhari said on Thursday. Nigeria is in the middle of its worst crisis in decades as a slump in oil revenues hammers public finances and the naira. [...]

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