Tag: interest rate

The Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR), its benchmark interest rate, at 27.5%. Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, made ...

To promote equitable economic growth in the nation, the Federal Government increased the amount of single-digit loans available to small enterprises to N5 million. The statement was made on Friday ...

Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has stated that the apex bank is unable to reduce interest rates as seen in many other countries due ...

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced that the federal government is extending credit facilities of up to N1 billion to large enterprises, including ...

The Central Bank of Nigeria (CBN) hiked the Monetary Policy Rate by 150 basis points, to 26.25 percent from 24.75 percent. Mr. Olayemi Cardososo, Governor of the bank, briefed the ...

Members of the Organised Private Sector and economists have expressed fear over the latest hike in the nation’s benchmark interest (Monetary Policy Rate) by the Monetary Policy Committee, saying the ...

Analysts have projected that the Monetary Policy Committee of the Central Bank of Nigeria, which commenced its third meeting of the year on Monday, is likely to increase the benchmark ...

Analysts have stated that the decision of the Monetary Policy Committee to raise the benchmark interest rate by two per cent to 24.75 per cent would make the equity market ...

Financial experts are voicing concerns over the Central Bank of Nigeria's (CBN) recent decision to implement a hawkish monetary policy stance, resulting in a significant 22.75% increase in the interest ...

The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest rates to 18.5 per cent. The PUNCH reports in March that the ...