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Tag: #interest rate

Business Economy headline

I’m not responsible for Nigeria’s economic woes, says Cardoso

Iheanyi Ejiofor February 27, 2024 No Comments #Cardoso#CBN#economic woes#interest rate#Nigeria

-CBN increases interest rate to 22.75%  Our reporter/ The governor of the central bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday distanced himself and his economic team from the current…

Read More I’m not responsible for Nigeria’s economic woes, says Cardoso
Business Economy headline

CBN raises interest rate to 18.75%

Iheanyi Ejiofor July 25, 2023 No Comments #CBN#interest rate

Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5 percent to 18.75%. Acting CBN Governor, Folashodun Shonubi,…

Read More CBN raises interest rate to 18.75%
Business Economy headline

CBN increases interest rate to 18.5%

Iheanyi Ejiofor May 24, 2023 No Comments #CBN#interest rate

Our reporter/ The Central Bank of Nigeria (CBN) on Wednesday raised the interest rate from 18 percent to 18.5 percent. The apex bank governor, Godwin Emefiele, announced the decision after…

Read More CBN increases interest rate to 18.5%
Business Economy headline

CBN increases interest rate to 18%

Iheanyi Ejiofor March 22, 2023 No Comments #CBN#interest rate

Central Bank of Nigeria’s Monetary Policy Committee on Tuesday voted to increase the benchmark interest rate by 50 basis points to 18. percent. CBN Governor, Godwin Emefiele, who made the…

Read More CBN increases interest rate to 18%
Business Economy headline

JUST IN: CBN raises interest rate to 17.5%

Iheanyi Ejiofor January 24, 2023 No Comments #CBN#interest rate

Our reporter| The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to tame inflation. The CBN…

Read More JUST IN: CBN raises interest rate to 17.5%

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