Monetary Policy Committee (MPC) News

Kingsley Moghalu, Former Deputy Governor of the Central Bank of Nigeria (CBN)

Deputy Governor of Nigeria's Central Bank Kingsley Moghalu announces resignation

Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Chiedu Moghalu, has announced that he is leaving the bank after his completion of a five-year term.

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN)

Nigeria's central bank holds rate at 12 percent with plans to lower later

Nigeria’s central bank held interest rates at 12 percent on Tuesday, keeping them at the same level as the last two years, but its new governor said he would be seeking a gradual reduction in rates over the next five years.

Nigeria's Central Bank

Nigeria's central bank to hold rates at 12 percent as new chief eyes inflation and currency risk

Nigeria’s central bank will leave interest rates unchanged for the 17th time in a row next week as it tries to balance controlling inflation and supporting the naira currency with fostering growth, a Reuters poll found.