Tag: interest rate

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 ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR), also known as the benchmark interest rate, by 50 basis points (bps) ...

Market participants believe that the Central Bank of Nigeria's (CBN) latest hawkish stance to raise interest rates by 17.5% will dampen investor demand for equities and encourage investors to shift ...

According to Central Bank of Nigeria (CBN) data, outstanding consumer credit in Nigeria fell by 6.78% to N1,933.18 billion at the end of June 2022, down from N2,073.76 billion in ...

Nigerian firms are on track to incur higher financing costs in the year's second half as rising inflation puts pressure on the Central Bank of Nigeria to raise interest rates. ...