Hike in interest rate detrimental to investments, economic growth – CPPE tells CBN
The Centre for the Promotion of Private Enterprise (CPPE) says the latest…
No plan to strip CBN of power to set interest rate, says Senate panel
The senate committee on banking, insurance, and other financial institutions, says the…
CBN raises interest rate to 24.75% in bid to curb inflation
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has announced a significant…
CBN raises interest rate to 22.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…
Lemo says projection towards achieving low interest rate good, but…
The former Deputy-Governor, Central Bank of Nigeria (CBN), Dr 'Tunde Lemo has…
Bank of England raises interest rates to 4.5%, says UK to avoid recession
The Bank of England (BoE) has raised interest rates from 4.25 percent to 4.5…
CBN asks banks to restructure loan terms, cuts special interest rate to 5%
The Central Bank of Nigeria (CBN) has directed all deposit money banks…
Banks to increase deposits with CBN as MPC raises CRR to 27.5%
Deposit money banks in the country would have to increase their cash…
Again, CBN MPC retains interest rate at 14 percent
For the second time in four months, the Central Bank of Nigeria…
Despite recession, MPC retains 14% interest rate
The Monetary Policy Committee (MPC) on Tuesday again retained interest rate at…