August inflation dip fuels calls for CBN rate cuts
Nigeria’s latest inflation report, showing continued deceleration, has sparked mixed reactions across the country, with economic experts welcoming the development ...
Tag: Interest Rates
News and analysis about interest rates
Nigerian businesses struggle to service loans as interest rates hit 36%
Nigerian businesses are currently battling soaring loan interest rates from commercial banks, ranging between 29% and 36%, adding pressure to ...
CBN Governor Cardoso projects decline in interest rates as inflation eases
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has projected a future decline in interest rates, citing easing ...
DMO opens subscription for August 2025 FGN savings bonds with interest rates up to 15.4%
The Debt Management Office (DMO) has launched the August 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive ...
CBN holds interest rates flat at 27.5% for 7 straight time
Nigeria's Central Bank has held its monetary policy rates flat at 27.5% for the 7th straight meeting.
Firms say high interest rates hurt more than insecurity, power crisis – CBN
Businesses across Nigeria have identified high interest rates as the single most pressing constraint to their operations in June 2025, ...
Survey: Over 62% of Nigerians want interest rates lowered ahead of MPC meeting
As the Central Bank of Nigeria (CBN) prepares for its 301st Monetary Policy Committee (MPC) meeting, a recent survey has ...
Credit to private sector declined by N1.07 trillion in January amidst tightened interest rates
Nigeria’s private sector credit recorded a measured decline of N1.07 trillion (1.41%) in January 2025, bringing the total credit to ...
Top 10 loan apps in Nigeria and their interest rates as of December 2024
Nairametrics took a look at 10 of the most downloaded loan apps in Nigeria per Google Play Store data and ...
Finally, Nigeria overtakes Ghana regarding who has higher Interest Rates
Nigeria has officially overtaken Ghana as the country with the highest benchmark interest rate in West Africa, following the Central ...
