Expert calls for halt in interest rate hikes by CBN’s Monetary Policy Committee
The Centre for the Promotion of Private Enterprise (CPPE) has called upon the Monetary Policy Committee (MPC) of the Central ...
Tag: Interest rate hike
Naira posts best daily gains since March amid increased FX inflows, anticipated interest rate hike
The naira posted impressive gains against the haven currency amid increased inflows from the CBN, recording its best gains since ...
Exchange rate for customs duties collection rises above official market rate again
The exchange rate for duties collection by the Nigeria Customs Service (NCS) has risen by N3 above the official closing ...
CBN’s 26.25% interest rate will compound high cost of doing business in Nigeria – MAN
The Director-General of the Manufacturers Association of Nigeria (MAN), Mr. Segun Ajayi Kadir, has stated that the recent 150 basis ...
Analysis: Why CBN’s interest rate hikes may not bring down inflation
Nigeria’s central bank monetary policy committee will announce to the world on Tuesday, May 21, 2024, whether they will continue ...
Why CBN’s 17.5% interest rate hike is bad for Nigeria’s stock market
Market operators lament that the latest decision by the CBN to further increase the interest rate by 17.5% is bad ...
CBN’s monetary policy rate hikes will lead to more bad loans – Johnson Chukwu
The Managing Director, of Cowry Asset Management Limited, Mr. Johnson Chukwu explained why CBN policies will create more bad loans ...
Buy these stocks to hedge against Nigeria’s galloping inflation
According to Nairametrics’ chat with some investment analysts, dividend-paying and low-price stocks with strong fundamentals are expected to do well ...
Money Supply jumps to record high of N49 trillion
In its last monetary policy committee meeting, the central bank explained the growth in money supply was due to an ...
Aggressive US Fed pushes crypto market into troubled waters as 90.5K investors get liquidated
Bitcoin, the leading cryptocurrency fluctuated massively in the hours following the United States interest rate hike.
