Browsing Tag

monetary policy

Addressing inflation requires more than monetary policy, says MPC member

Biola Adebayo Mar 23, 2024

A member of the Central Bank of Nigeria's Monetary Policy Committee (MPC), Prof. Murtala Sagagi, has highlighted the complex nature of Nigeria’s inflation challenges. Sagagi said mere monetary policy readjustments will have a limited…
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Why CBN monetary policy is not working – Economist

Marvellous Gbadegesin Nov 19, 2022

Prof. Ken Ife, a Development Economist, says Central Bank of Nigeria (CBN)’s monetary policy is not working because 80 per cent of the nation’s money is not in circulation. Ife stated this during the 10th Convocation Lecture of Godfrey…
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Monetary policy alone cannot solve foreign exchange challenges – Emefiele

Biola Adebayo Jun 16, 2022

Central Bank of Nigeria (CBN), Governor, Mr. Godwin Emefiele says monetary policy alone cannot wholly address the country’s foreign exchange challenges. This is coming in the face of rising demand for foreign exchange for goods,…
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