No economic growth will happen unless interest rate at 30% goes down – Aliko Dangote
The President of the Dangote Group Industries Ltd, Alhaji Aliko Dangote has stated that no economic growth will happen unless ...
Tag: interest rate
FG offers N1 billion loan to large businesses at 9% interest rate – Wale Edun
Wale Edun has said that federal government is providing up to N1 billion in credit facility to large enterprises, including ...
Forex supply jumps 66% as CBN hikes interest rates
Naira appreciated slightly on the official market, despite a substantial 66% increase in foreign exchange (FX) supply and a new ...
CBN increases interest rate by 150 basis points to 26.25%Â
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate by 150 basis points ...
Zenith Bank reports a pre-tax profit of N320.194 billion in Q1 2024
Zenith Bank Plc, one of Nigeria's leading banks, released its unaudited financial results for Q1 2024, revealing a pre-tax profit ...
FG targets reduction in interest rate to attract investment – Wale Edun
The federal government is looking towards a reduced interest rate to attract investments and grow the economy according to the ...
High interest rate on CBN’s T-Bills drying up funds from the private sector- LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has lamented the effect of high interest rate of CBN’s Treasury bill ...
Current interest rate hike will not be too long drawn – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has stated that the current spate of monetary policy ...
Staple food prices increased by over 10% across Nigeria in February- NBS
Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch.
CBN’s 22.75% interest rate hike sparks fears of increased non-performing loans- Experts Â
Some financial experts have expressed concerns regarding the hawkish monetary policy stance adopted by the Central Bank of Nigeria (CBN), ...
