Explained: What CBN’s 15.5% interest rate means for Nigeria’s economy
CBN's decision to raise interest rates to 15.5% could potentially alter the course of the economy.
Tag: Monetary Policy Committee (MPC)
Ghana hikes interest rate for the first time in 5 years. Will Nigeria follow suit?
For the first time since 2015, Ghana's Central Bank raised its benchmark interest rate, citing "significant" inflation risks as justification. ...
MPC Meeting: What to expect from Emefiele; forex, eNaira, Crypto, FBNH
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to meet this week, on the ...
MPC votes to retain benchmark interest rate at 11.5%, hold other parameters constant
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has voted unanimously to retain the Monetary Policy ...
How interest rates impact your wallet
It is imperative to understand how interest rates impact our wallets.
CBN lends DisCos N18.5 billion to procure meters
The CBN has given a loan facility to DisCos in support of the Federal Government's National Mass Metering Programme.
CBN to hold MPC meeting next week
The CBN's highest monetary policy decision-making body, the MPC is set to hold its meeting.
CBN retains MPR at 12.5%
MPR, Cash Reserve Ratio (CRR), Liquidity ratio, and asymmetric corridor remain unchanged.
CBN to hold MPC meeting on July 20
Apex bank to hold its 274th Monetary Policy Committee meeting on Monday, July 20, 2020.
CBN says 17 banks to restructure over 32,000 loans
Manufacturing and general commerce sectors constitute the bulk of the restructured facilities.
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