The Monetary Policy Committee of the Central Bank of Nigeria has cut the Monetary Policy Rate by 50 basis points to 26.5%, citing sustained disinflation and improved macroeconomic stability. Speaking at the February committee meeting, the first of the year, the Governor of the apex bank, Olayemi Cardoso, noted that a moderate easing in the rate aligns with the recent slowdown in inflation.


Innocent Semosa spoke to Economist and CEO of Megastar Media Communication, Adeniyi Ifetayo.

The Monetary Policy Committee of the Central Bank of Nigeria has cut the Monetary Policy Rate by 50 basis points to 26.5%, citing sustained disinflation and improved macroeconomic stability. Speaking at the February committee meeting, the first of the year, the Governor of the apex bank, Olayemi Cardoso, noted that a moderate easing in the rate aligns with the recent slowdown in inflation.
 Innocent Semosa spoke to Economist and CEO of Megastar Media Communication, Adeniyi Ifetayo.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.