Monetary Policy Committee
The Central Bank of Nigeria, CBN, says it has so far made a total of N3.5trillion disbursements to cushion the effect of COVID-19 pandemic on the country’s economy.
Godwin Eohoi, the Registrar, Institute of Finance and Control of Nigeria has advised the Monetary Policy Committee, MPC, to ensure its decision will propel sustainable growth of Nigeria’s Gross Domestic Product, GDP.
The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has offered explanations as to why it banned the importation of milk and other dairy products, saying that the economic burden on such commodities are no longer bearable by the country.
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 13.5 per cent.
DAILY NIGERIAN reports that the governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, said this while briefing journalists on the outcome of the first MPC meeting for 2018 in Abuja on Wednesday.