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Tag: #CBN #Interest rate

Business Economy headline

CBN cuts interest rate to 23% from 26.5%

Iheanyi Ejiofor September 22, 2026 No Comments #CBN #Interest rate

The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate from 26.5 per cent to 23 per cent. CBN Governor, Olayemi Cardoso, disclosed the decision on Tuesday at…

Read More CBN cuts interest rate to 23% from 26.5%
Business Economy headline

CBN raises interest rate to 13 %, first time in over two years

Iheanyi Ejiofor May 24, 2022 No Comments #CBN #Interest rate

By our reporter| For the first time in two and half years, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to raise the…

Read More CBN raises interest rate to 13 %, first time in over two years

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