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CBN eases monetary policy, cuts...

CBN eases monetary policy, cuts interest rate...

Detrimental consequences of CBN raising...

Detrimental consequences of CBN raising interest rate...

CBN eases monetary policy, cuts interest rate to 27%

CBN eases monetary policy, cuts interest rate to 27% Story by Martha Gwary The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate from 27.5 per cent to 27 per cent, marking the first rate cut in several months. CBN Governor Olayemi Cardoso announced the decision on Tuesday at the end of the 302nd Monetary Policy Committee (MPC) meeting in Abuja. He said the move was driven by a recent slowdown in inflation, which created room for cautious easing. Alongside the rate cut, the MPC adjusted the cash reserve requirement (CRR)...
Salim Sani -
Business & Economy

CBN eases monetary...

CBN eases monetary policy, cuts interest rate to 27% Story by Martha Gwary The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate from...
Salim Sani -
Opinion

Detrimental consequences of...

Detrimental consequences of CBN raising interest rate to 27.25%, by Abubakar M. Kareto The Central Bank of Nigeria's decision to raise the interest rate to...
Jane AISO -
Business & Economy

Nigeria’s interest rate...

Nigeria's interest rate jumps to 27.25% as CBN raises MPR The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) by 50...
Jane AISO -
News

Dangote condemns new...

Dangote condemns new interest rate, urges FG to safeguard local businesses The chairman of the Dangote Group and Africa’s richest man, Aliko Dangote, has criticised...
Jane AISO -
Business & Economy

Again, CBN increases...

Again, CBN increases interest rate to 24.75% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to raise the benchmark...
Neptune Prime -
News

FG, States borrowing...

FG, States borrowing 11trn pension funds at low interest rate –Oshiomhole Former Governor of Edo State, Senator Adams Oshiomhole has alleged that the federal and...
Salim Sani -
Columns

Retooling interest rate...

Unfortunately, the economic environment is in bad shape, with so much to contend with, from soaring transport fare, to unbearable cost of food, goods and services, not to talk of logistic chain disruption as well as uncertainties in financial flow, such as income stability.
Kenneth Afor -
Business & Economy

CBN raises MPR...

CBN raises MPR interest rate to 18.75% Story from Christine TOBECHUKWU The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures...
Salim Sani -
Business & Economy

Exclusive: CBN’s interest...

The Central Bank of Nigeria (CBN) on Tuesday, May 24 announced that it's Monetary Policy Committee (MPC) unanimously voted to raise the Monetary Policy...
Kenneth Afor -
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