Banking FinanceCBN raises interest rate by 25bps to 18.75%EditorJuly 26, 2023 by EditorJuly 26, 20230353 The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 25 basis points to 18.75 per
FinanceBorrowing cost may worsen as MPC raises interest rateEditorMay 25, 2023 by EditorMay 25, 20230361 The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest rates by 50 basis points
Banking FinanceTaming inflation with interest rate hikeEditorMarch 29, 2023 by EditorMarch 29, 20230340 Examining the decision of the Monetary Policy Committee of the Central Bank of Nigeria to raise the benchmark interest rate by 50 basis points and
Featured Finance Industry & CommerceMPR increase: A journey away from single-digit interest rate – MANOur Reporter July 23, 2022 by Our Reporter July 23, 20220453 The Manufacturers Association of Nigeria (MAN) has described the decision to increase the Monetary Policy Rate (MPR) from 13 per cent to 14, as a
Featured Finance13% MPR: Interest rate may rise above 30%Our Reporter May 30, 2022 by Our Reporter May 30, 20220390 Average interest rates to end-users may rise above 30 per cent in future as banks begin to adjust lending rates to the new Monetary Policy
Featured Gas OilDon says CBN’s proposed interest rate increase will stabilise pricesEditorAugust 9, 2018 by EditorAugust 9, 20180733 By Olamilekan FAWAS A Don, Dr Bright Erega, has said the proposed interest rate increase by the Central Bank of Nigeria (CBN) was healthy for