Nigeria: CBN Tackles Upsets in Price System

24 January 2011

The Central Bank of Nigeria (CBN) intends to revisit challenges to price and macroeconomic stability in the country and take decisions towards meeting the outlined objectives. The meeting, which takes place today and tomorrow, is to be held by the Monetary Policy Committee (MPC).

A competent source at the Monetary Policy Department of the CBN told THISDAY at the weekend, pleading anonymity: "It is expected that the meeting will take more decisive steps to guarantee price stability and general macro-economic stability, in view of developments in the past months and trends in the future."

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.