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    The Central Bank of Nigeria (CBN) has predicted negative Gross Domestic Product (GDP) growth for the country in the second quarter (Q2) 2020 owing to COVID-19 pandemic that had affected the economy. The CBN Governor, Mr Godwin Emefiele, made the prediction while fielding questions from journalists after the Monetary Policy (MPC) meeting in Abuja on ...
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    The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 13.5%. Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, disclosed this decision during a press conference at the end of a two-day MPC meeting held on Tuesday at the apex bank’s headquarters in Abuja. He explained ...
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        Godwin Emefiele, CBN gov.   The Central Bank of Nigeria (CBN) on Saturday rescheduled the Nov. 19 meeting of the Monetary Policy Committee (MPC) to Nov. 21 and 22 to accommodate the Eid-El Maulud celebrations. A statement by Mr Isaac Okorafor, Director, Corporate Communications, CBN, said the date was changed from Monday and ...
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    An economist, Mr Titus Okuroumu, on Friday expressed optimism that the new Central Bank of Nigeria (CBN) credit policy would consolidate the gains already made  in the economy and stimulate growth. Okuroumu, a former CBN director, said this in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos. NAN reports that ...