Lower U.S. index readings, MPC interest rate hike boost Naira
The Nigerian naira took advantage of weak U.S. dollar index readings in the official market and a surprise interest rate ...
Tag: interest rate
Ghana’s Central Bank lowers interest rate by 200 basis points
The Bank of Ghana has cut interest rates by 200 basis points from 29% to 27% as inflation slowed in ...
CBN raises interest rate by 50 basis points to 27.25%
The Central Bank of Nigeria (CBN) Monetary Policy Committee has decided to further raise interest rate by 50 basis points ...
MPC meeting: Experts advocate for pause in interest rate hike in Nigeria
Financial experts have called for a pause on interest rate hikes to stabilize Nigeria's struggling economy.
CBN survey shows 36.3% of Nigerians want higher interest rate
The Central Bank of Nigeria (CBN) has revealed that only 36.3% of Nigerian households prefer an increase in interest rates ...
Nigerian Manufacturers ask CBN to wave conditions on forex policy for manufacturers
The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Nigeria (CBN) to wave many conditions of its ...
Nigerian Manufacturers say 1,475 basis point rise in interest rate since 2022 leads to inflation
The Manufacturers Association of Nigeria (MAN) has reacted to the recent decision by the Central Bank’s Monetary Policy Committee (MPC) ...
CBN raises interest rate by 50 basis points to 26.75%
The Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate by 50 basis points from 26.25% to ...
CPPE urges Central Bank to halt interest rate hike as MPC meets today
The Centre for the Promotion of Private Enterprise (CPPE) has asked the Central Bank of Nigeria (CBN) to put a ...
Nigerian corporates shy away from capital market as cost of debt soars
Nigerian corporates retreat from the capital market as CBN's rate hikes surge borrowing costs, impacting new listings and economic growth.
