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Interest Rate
JUST IN: CBN Increases Interest Rate To 18.5%
The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent.The apex bank governor, Godwin Emefiele, announced the...
CBN Increases Interest Rate To 18%
Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18. percent.This was disclosed...
Banks lending rate to customers hits 29.13%
The maximum lending rate in the banking sector hit 29.13 per cent while savings deposit rates was 4.13 per cent as of the end...
CBN Raises Interest Rate To 17.5%
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to tame...
CBN Raises Interest Rate to 16.5% To Battle Inflation
The Central Bank of Nigeria, CBN has raised its interest rate to 16.5 per cent in a bullish move to stymie rising inflation and...
CBN Increases Interest Rate To 15.5%
The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent.CBN Governor, Godwin...
JUST IN: CBN Retains Benchmark Interest Rate At 11.5%
The Central Bank of Nigeria’s Monetary Policy Committee has retained the Monetary Policy Rate (MPR) at 11.5% and kept all other parameters unchanged.CBN Governor...
Russia’s Central Bank holds interest rate at 20%, warns of inevitable inflation
The Central Bank of Russia (CBR) held its monetary policy steady and maintained its key interest rate at 20%, but warned of considerable uncertainty...
CBN opposes lockdown, retains interest rate at 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday urged the Federal Government not to consider another round of lockdown.CBN...
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