MPR: Why CBN will need to raise rates again

25 basis points rate hike likely as CBN's MPC concludes meeting

To address the inflationary challenges, the CBN needs to implement additional measures, including a more flexible exchange rate regime.

Nigeria’s 18% MPR is highest among BRICS, N-11 countries

by Cees Harmon

March 24, 2023

With the pronouncement of an 18% primary lending rate the CBN, Nigeria now has the highest interest rate among the ...

Conoil gains 21% in market value to make top gainers of the week

by Chris Ugwu

February 11, 2023

Positive sentiment witnessed on shares of Conoil Plc resulted in the company gaining 21% in market value at the end ...

Nigerian banks invest additional N1.55 trillion in Treasury Bills in one year

by Samuel Oyekanmi

December 2, 2022

The treasury bills rate has witnessed a significant increase in recent times on the back of multiple MPR upward adjustments ...

Nigeria treasury bills rate jumps to 14.84% in November auction

by Ubah Jeremiah Ifeanyi

November 26, 2022

We explained what it means for your money.

Nigeria’s Central Bank one-year treasury Bills rate for the month of September 2022 rose to 12% from 8.5% recorded in the previous month, one day after the apex bank raised the benchmark interest rate to 15.5%.

CBN’s September 2022 treasury bills rate jumps to 12% after MPR hiked

by Samuel Oyekanmi

September 28, 2022

Nigeria’s Central Bank one-year treasury Bills rate for the month of September 2022 rose to 12%

MPC Review: Another 100bps increase

by CSL Stockbrokers

July 20, 2022

The MPC of the CBN unanimously raised the MPR from 13.0% to 14.0%, the second consecutive hike and a cumulative ...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Central Bank of Nigeria raises monetary policy rate to 14%

by Samuel Oyekanmi

July 19, 2022

In the recently concluded Monetary Policy Committee meeting for July 2022, the Central Bank of Nigeria raised MPR to 14%.

Investor Confidence Already Growing Ahead Of Eurobond Bid

Increase in CBN’s interest rate yet to tame Nigeria’s high Eurobond yield

by Chris Ugwu

June 7, 2022

The rise in Eurobond yields means that Nigeria will pay huge interest in order to incentivise market players to buy ...

Currency outside banks drop to N788.9billion in January 2023

Interest rate increase in advanced economies will not affect Nigeria – CBN

by Samuel Oyekanmi

January 25, 2022

The CBN governor stated that the increase of interest rates in advanced economies will not affect the Nigerian economy.

Tag: MPR