MPC Likely to Hold MPR at 27.5%, Room for Modest Hike Lagos, May 18, 2025 – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to maintain the Monetary Policy Rate (MPR) at 27.5% during its upcoming meeting, according to analysts and recent posts on X. However, there is speculation … Read more
Overview of CBN Recapitalization and Its Impact on BDC Operators The Central Bank of Nigeria (CBN) introduced new regulatory guidelines in May 2024 to reform the Bureau De Change (BDC) sector, requiring operators to meet stringent capital requirements by June 3, 2025, following a six-month extension from the original December 2024 deadline. These guidelines, aimed … Read more
The Drinks & Mics Panel Discussion 2025, hosted by Nairametrics, addressed the critical question of how Nigeria can navigate a $30 per barrel crude oil price, a dire scenario for an economy heavily reliant on oil, which accounts for 90% of export earnings and 56% of 2025 government revenue (Economic Confidential, Nairametrics). Held amid a … Read more