Credit to Nigeria’s private sector fell to N75.8 trillion in August 2025 from N76.12 trillion in June 2025.
CEO of Nairametrics, Ugo Obi-Chukwu, has projected that commercial banks in Nigeria will begin to lower interest rates on loans in 2026, following a period of aggressive capital accumulation and strong profitability.
For the first time in many months, Nigeria’s inflation numbers have given policymakers reason to exhale.
Nigeria’s latest inflation report, showing continued deceleration, has sparked mixed reactions across the country, with economic experts welcoming the development while citizens on social media questioned its impact on everyday living.
Nigerian businesses are currently battling soaring loan interest rates from commercial banks, ranging between 29% and 36%, adding pressure to an already fragile economy.
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has projected a future decline in interest rates, citing easing inflation and improved capital allocation efficiency as key drivers.
The Debt Management Office (DMO) has launched the August 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 15.401% per annum.
Nigeria's Central Bank has held its monetary policy rates flat at 27.5% for the 7th straight meeting.
Businesses across Nigeria have identified high interest rates as the single most pressing constraint to their operations in June 2025, surpassing even insecurity and chronic power supply issues, according to a new report by the Central Bank of Nigeria (CBN).
As the Central Bank of Nigeria (CBN) prepares for its 301st Monetary Policy Committee (MPC) meeting, a recent survey has revealed that most Nigerians are calling for a reduction in interest rates.
Nigeria’s private sector credit recorded a measured decline of N1.07 trillion (1.41%) in January 2025, bringing the total...
Nairametrics took a look at 10 of the most downloaded loan apps in Nigeria per Google Play Store data and the interest rates they offer, here is what we found:
