Interest rate
Economy
CBN Cuts Interest Rate to 27% Amid Inflation Decline
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27.5 per cent...
News
Inflation Fight: CBN’s Tight Monetary Policy and Its Impact on Nigerian Consumers
The Central Bank of Nigeria’s (CBN) aggressive monetary policy, characterized by significant interest rate hikes, is aimed at curbing the nation’s persistent inflation....
International
Ghana’s Central Bank Springs Surprise, Hikes Interest Rate to 28% to Combat Stubborn Inflation
In a move that caught economists off guard, Ghana’s central bank has raised its main interest rate by 100 basis points to 28%,...
FinanceNews
CBN Retains Interest Rate at 27.50% as Inflation Declines
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.50%....
Economy
CBN increases interest rate to 16.5%
The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to...