Interest rate

CBN raises interest rate to 27.5%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), which benchmarks interest rates in the country,…

1 month ago

CBN raises interest rate to 27.25%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR)…

3 months ago

Stock market investors lose N47bn after CBN’s interest rate hike

The performance index of the stock market closed 0.08 per cent weaker on Tuesday, July 23, 2024, as investors reacted…

5 months ago

CBN raises interest rate to 26.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), which benchmarks interest rates, to 26.75 per…

5 months ago

NACCIMA lists effects of interest rate hike on businesses

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has enumerated the potential consequences of a hike…

5 months ago

CBN raises interest rate to 26.25%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 24.75 per cent to 26.25 per…

7 months ago

Tinubu approves single-digit interest rate for media organisations

President Bola Tinubu has directed the Federal Ministry of Industry, Trade and Investment, through the Bank of Industry (BOI), to…

7 months ago

CBN raises interest rate to 24.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 200 basis points to 24.75 per…

9 months ago

Egypt raises interest rate by 600 bps as currency falls

The Central Bank of Egypt has increased the interest rate by 600 basis points to allow the exchange rate to…

10 months ago

Obaseki: Interest rate increase won’t support economic growth

Edo State Governor, Godwin Obaseki, has condemned the decision of the Central Bank of Nigeria (CBN) to increase the Monetary…

10 months ago

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