Nigeria’s May 2019 MPC meeting: Pre-analysis

PUBLISHED: Tue, 21 May 2019 14:11:12 GMT

Nigeria’s Monetary Policy Committee is set to announce its considerations today; in a surprise in its last meeting in March, six out of eleven MPC members voted to reduce the benchmark interest by 50 basis points to 13.5% emphasizing on the need to support growth. Joining CNBC Africa for today’s coverage is Bismarck Rewane, CEO, Financial Derivatives; Bayo Omogoroye, Chief Dealer, GT Bank and Roy Daniels, Head of Africa trading desk, at Rand Merchant Bank Johannesburg.…

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.