CBN Governor signals possible interest rate cut soon
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has hinted that the current high interest rate would ...
Tag: Monetary Policy Rate
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 ...
The impact of monetary policy rate hikes on the stock market
Once again, beyond expectations, on September 24, 2024, the CBN’s Monetary Policy Committee (MPC) raised the MPR by 50 basis ...
MPR hike: Nigerian businesses need single-digit interest rate to grow economy – CPPE
The Centre for the Promotion of Public Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to expedite ...
New MPC Member, Sagagi, explains why monetary policy will not curb Nigeria’s inflation
A member of Nigeria's Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has addressed the limitations of monetary policy in addressing ...
Nigeria’s MPR to peak at 23.75% as CBN may fail to deliver positive real short-term interest rate – EIU
The Economist Intelligence Unit (EIU) has projected that Nigeria's Monetary Policy Rate (MPR) is expected to reach a peak of ...
Nigeria may struggle to get macroeconomic stability without more monetary tightening – Fitch
Fitch Ratings Inc. has underscored the necessity for Nigeria to adopt more stringent monetary tightening measures to secure macroeconomic stability.
Poor credit access hinders business growth, increases poverty in Nigeria – NICA
The National Institute of Credit Administration (NICA) has voiced concerns over the detrimental effects of restricted access to credit on ...
GTB, UBA lead stock market rebound as investors reassess MPR outcomes
The NGX market capitalization witnessed a notable surge, as the value of listed equities soared by N390 billion, reaching N54.71 ...
MPC Review: Another 100bps increase
The MPC of the CBN unanimously raised the MPR from 13.0% to 14.0%, the second consecutive hike and a cumulative ...
