Businesses pivot to commercial papers as overdrafts become expensive
Nigerian corporates are increasingly turning to the short-term capital market for funding as high interest rates make traditional borrowing channels, ...
Tag: MPR
News and analysis about MPR
CBN flags spike in loan defaults, small businesses top defaulters in Q2 2025
Loan defaults worsened across all major borrower categories in the second quarter of 2025, with small businesses emerging as the ...
Management of the Nigerian economy: Staying the course but pausing to reflect
The Nigerian Government has taken several policy decisions in the last 18 months, mainly fuel subsidy removal and floating/unification of ...
What the latest CBN MPR @26.75% means for your money!
In today's Money Brief, Ugodre breaks down the latest decision by the Central Bank of Nigeria (CBN) to raise the ...
Credit to government rises by N8.4 trillion in May 2024, dwarfs private sector credit growth
In May 2024, government in Nigeria secured N8.4 trillion in bank loans, amounting to 86% of the total domestic credit, ...
CBN’s 26.25% interest rate will compound high cost of doing business in Nigeria – MAN
The Director-General of the Manufacturers Association of Nigeria (MAN), Mr. Segun Ajayi Kadir, has stated that the recent 150 basis ...
Top 10 banks with lowest lending rates for real estate businesses in Nigeria
The Central Bank of Nigeria (CBN), under Governor Yemi Cardoso, has increased the monetary policy rate (MPR) by 750 basis ...
Analysis: Why CBN’s interest rate hikes may not bring down inflation
Nigeria’s central bank monetary policy committee will announce to the world on Tuesday, May 21, 2024, whether they will continue ...
CPPE to CBN: Halt interest rate tightening, businesses are yet to recover from previous hikes
The Centre for the Promotion of Public Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to slow ...
CBN to further increase interest rates in second half of 2024- Fitch
Global credit ratings agency, Fitch Ratings, has projected further hike in monetary policy rates by the Central Bank of Nigeria ...
