The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in over two years adjusted interest rate downwards to 13.5% Addressing journalists at the end the second MOC meeting in 2019, Central Bank Governor Godwin Emefiele disclosed that “the MPC voted to adjust the Monetary Policy Rate (MPR) […] …
Central Bank
My Tenure Expires In June, CBN Governor Reacts To His Rumoured Removal
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has denied reports that he has been removed from office. Mr Emefiele described the reports which made the rounds on some online platforms on Monday as concerning. “I am confused and concerned about some stories going around. At least you can see me; … Continue reading My Tenure Expires In June, CBN Governor Reacts To His Rumoured Removal …
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Mbaka accuses FG of marginalising Igbo
How CBN supported .4m farmers, 1.2m indirect jobs with Anchor Borrower
Liberia’s Central Bank Governor Resigns
Liberia’s Central Bank Governor, Milton Weeks, has resigned midway through his five-year term, the president’s office said. President George Weah had received and accepted Weeks’ resignation and a successor would be appointed shortly, it said late on Tuesday in a statement that gave no further details. Weeks was appointed by former president Ellen Johnson Sirleaf … Continue reading Liberia’s Central Bank Governor Resigns
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Perspectives on Central banking
THAT central bank is of crucial importance to national economic health cannot be overemphasized. It is the supreme monetary authority in every country and the heartbeat of the economy. As the heart pumps blood to give life to the body, so does the central bank pump and regulate money supply in the financial system to maintain a healthy economy. Central bank policies can either make or mar the economic life of a people, thus the need for in-depth economic research, formulation of rationally comprehensive policies and strategic sensitivity for sharpness of perception.
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