Business CBN raises interest rate To 18% Toyibat Ajose Mar 21, 2023 Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18…
Business CBN raises Interest Rate to 17.5%, insists January 31 deadline for old… Oluwadamilare Emmanuel Jan 24, 2023 The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, to 17.5 percent. The…
CBN increases interest rate to 15.5%, gives reasons Oluwaseyi Lawal Sep 27, 2022 To combat the growing inflation rate, the Monetary Policy Committee of the Central Bank of Nigeria increased the benchmark…
CBN ends COVID-19 slash, reverts to 9 percent interest rate on all its… Oluwadamilare Emmanuel Aug 18, 2022 The Central Bank of Nigeria (CBN) has reverted to 9 percent interest rate on its facilities, ending its Covid-19 period reduction…
Business BREAKING: CBN raises interest rate to 14% Oluwaseyi Lawal Jul 19, 2022 On Tuesday, the Central Bank of Nigeria increased the interest rate to 14%.
CBN retains benchmark interest rate at 11.5% Oluwadamilare Emmanuel Mar 22, 2022 The Central Bank of Nigeria’s Monetary Policy Committee
CBN retains benchmark interest rate at 11.5 per cent Oluwadamilare Emmanuel Jan 25, 2022 The Central Bank of Nigeria’s Monetary Policy Committee on Tuesday retained the Monetary Policy Rate (MPR) at 11.5% and kept all…
CBN slashes Interest Rate on Savings Deposit to 1.25% Oluwadamilare Emmanuel Sep 2, 2020 The minimum interest rate to be paid by deposit money banks (DMBs) in Nigeria to their customers for deposits has been reviewed…
MPC reduces interest rate to 12.5% Oluwadamilare Emmanuel May 28, 2020 The Monetary Policy Committee (MPC) of Central Bank of Nigeria has reduced Monetary Policy Rate (MPR), to 12.5 per cent. The!-->!-->!-->…
Tinubu to Buhari, CBN: Time to reduce Nigeria’s interest rate is now Oluwadamilare Emmanuel May 4, 2020 The All Progressive Congress (APC) National Leader, Chief Bola Tinubu, on Sunday urged the Central Bank of Nigeria to reduce!-->…