Business CBN raises interest rate to 24.75% Toyibat Ajose Mar 27, 2024 The Central Bank of Nigeria (CBN) increased the interest rate to 24.75% from 22.75 percent.
Business Turkey’s Central Bank hikes interest rate Toyibat Ajose Mar 21, 2024 Turkey's central bank hiked its benchmark interest rate on Thursday, resuming its strengthening cycle after one of the world's…
Business JUST IN: CBN holds first MPC meeting under Tinubu, hikes interest rate to… Oluwadamilare Emmanuel Jul 25, 2023 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which…
News JUST IN: CBN increases interest rate to 18.5% Toyibat Ajose May 24, 2023 The Central Bank of Nigeria (CBN) increased interest rates from 18% to 18.50%. The apex bank governor, Godwin Emefiele,…
Business Bank of England hikes interest rate to 15-year high Oluwadamilare Emmanuel May 12, 2023 The Bank of England on Thursday lifted its key interest rate to the highest level since the 2008 financial crisis, noting…
News CBN raises interest rate To 18% Toyibat Ajose Mar 21, 2023 Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18…
News CBN raises Interest Rate to 17.5%, insists January 31 deadline for old… Oluwadamilare Emmanuel Jan 24, 2023 The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, to 17.5 percent. The…
CBN increases interest rate to 15.5%, gives reasons Oluwaseyi Lawal Sep 27, 2022 To combat the growing inflation rate, the Monetary Policy Committee of the Central Bank of Nigeria increased the benchmark…
CBN ends COVID-19 slash, reverts to 9 percent interest rate on all its… Oluwadamilare Emmanuel Aug 18, 2022 The Central Bank of Nigeria (CBN) has reverted to 9 percent interest rate on its facilities, ending its Covid-19 period reduction…
Business BREAKING: CBN raises interest rate to 14% Oluwaseyi Lawal Jul 19, 2022 On Tuesday, the Central Bank of Nigeria increased the interest rate to 14%.