Japan hikes interest rates for second time since 2007
Japan's central bank has raised the cost of borrowing for only the second time in 17 years as it moves to normalize monetary…
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Interest Rates
Why interest rates will remain high for now – CBN Governor, Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said interest rates would remain high until inflation…
Simultaneous hike of interest rates will push economies to global recession…
The World Bank Group has warned the Central Bank of Nigeria (CBN), and other central banks across the world on the possibility of…
Why we slashed interest rate on savings deposit – CBN
On September 1, 2020, the Central Bank of Nigeria (CBN) in a circular signed by its Director of Banking Supervision, Mr Bello…
CBN retains benchmark interest rate at 12.5%
The Central Bank of Nigeria on Monday retained the country’s benchmark interest rate or Monetary Policy Rate at 12.5 percent.
It…
CBN cuts interest rates on intervention loans to 5%
The Central Bank of Nigeria (CBN) has given a one-year moratorium on all principal repayments for COVID-19 intervention loans…
BREAKING: CBN slashes interest rates, announces other interventions to…
The Central Bank of Nigeria (CBN) has announced reduction of interest rates in all its intervention facilities from nine per cent…