• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 24, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Expert suggests change in rates as CBN holds 2-day MPC meeting

MPC

The Matters Press by The Matters Press
July 18, 2022
Reading Time: 1 min read
0
Consumer commission, CBN, EFCC investigate violations in money lending

A Financial Expert, Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to ensure a complete review in all the rates in Monetary Policy Rates .

RELATED POSTS

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

‎IMPI revises inflation rate projection to 14% from 17% for December

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

Unegbu gave the advice ahead of the CBN two-day Monetary Policy Committee (MPC) meeting for July on Monday.

The apex bank and increased the Monetary Policy Rate (MPR) from 11.5 to 13 per cent in the last MPC meeting in May, the first change after over two years.

It, however, held all other parameters constant.

Unegbu said that heightening inflation and other economic challenges required the CBN to take all-encompassing look at the rates to meet with global economic trend.

Meanwhile, analysts from Afrinvest Limited projected that the MPC would maintain the MPR at its July meeting.

According to the analysts, the increase in the MPR in May failed to have an immediate impact on inflation due to weak and delayed transmission mechanism of monetary policy.

“We believe the MPC will retain status-quo on MPR.

“Our hold-steady outlook is premised on the expectation that the committee will prefer to give more time to assess the impact of the last policy change,” they said.

According to analysts from Cowry Assets Management Limited, global macro-economic stability is now under threat from inflation.

“Thus the policy changes in responding to it will have substantial repercussions across emerging and frontier markets economies.

“”However , we see the acceleration in the inflation numbers in June offering policy makers limited room to maneuver rates.

“Thus, we project the July inflation to further accelerate to 18.90 per cent, ” they said.

Tags: CBNOil
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

October 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI revises inflation rate projection to 14% from 17% for December

October 22, 2025
CSOs give  thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria
Agriculture

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

October 22, 2025
Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
You led with distinction, CG of Customs, hails former boss,  Mohammed at 80
Economy/Technology

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

October 10, 2025
Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Next Post
Nigeria to allocate $200m for creation of agricultural service centres

AfDB approves $134m loan for Nigeria’s agricultural scheme

Nigeria’s N225bn bonds oversubscribed

DMO raises N123bn in bond auction July

Recommended Stories

Oba warns youths against money rituals

Oba warns youths against money rituals

December 31, 2018
North Korea launches deadly ballistic missile

North Korea launches deadly ballistic missile

January 31, 2022

FEC endorses AU Convention on Cross Border Cooperation

March 1, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria
  • ‎IMPI revises inflation rate projection to 14% from 17% for December
  • CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us