CBN, interest rate

CBN retains Nigeria’s interest rate at 27.50% amid inflation drops
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate as in November last year amid inflation drops. It also retained the Cash Reserve Ratio,
CBN retains interest rate at 27.5% — first hold in almost three years
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which benchmarks interest rates in the country, at 27.50 percent.
CBN Retains Interest Rates at 27.5%, Nigerian Banks Release Savings Rates
The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that banks' lending rate will not change.
CBN retains interest rate at 27.5%
CBN had been persistent in raising the lending rates since March 2022 when the rate stood at 11.5 per cent. The Monetary Policy Committee (MPC) of the bank stated on Thursday that its unanimous decision was influenced by recent macroeconomic developments, which it noted with satisfaction.
Nigeria keeps benchmark interest rate steady as inflation seen falling gradually
Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was reassured by stability in the foreign exchange market and saw inflation gradually falling.
JUST IN: CBN retains interest rate at 27.50%, maintains other parameters
Monetary Policy Committee (MPC) has unanimously decided to hold all the parameters.This was announced by the CBN Governor, Mr Olayemi Cardoso, on Thursday during a press briefing in Abuja.In this regard,
Legit on MSN1d
See more as CBN releases new data on money supply in Nigeria, defends ATM new charges from March 1
The Central Bank of Nigeria has provided a statistical breakdown of the country's money supply, highlighting how government ...
Premium Times22h
Court orders final forfeiture of N830m, $4.7m, properties linked to Emefiele
The court gave the order on Friday following a motion on notice filed by the Economic and Financial Crimes Commission (EFCC).
allAfrica.com on MSN16h
Nigeria: Stock Market Reverse Gains As CBN Retains Mpr At 27.5 Percent
The Nigerian equities market yesterday bowed to investors' profit-taking with a decline of 0.04 per cent, as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) in its first ...
Legit on MSN1d
CBN Releases Latest Naira to Dollar Exchange Rates As Official, Black Markets Converge
The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and ...
The Punch Newspapers1d
CBN’s rate pause welcomed, but more action needed- CPPE
The Centre for the Promotion of Private Enterprise has commended the Monetary Policy Committee of the Central Bank of Nigeria ...
Nairametrics4d
CBN orders Nigerian Banks to cut insider loans within six months
Nigeria’s banking regulator has issued a sweeping directive mandating commercial banks to comply with stricter insider lending limits or risk ...
Legit on MSN1d
CBN governor reveals how he will bring inflation rate down to single digit
The Central Bank of Nigeria has spoken on the strategies it will use to bring the inflation rate down from the 24.48% ...
The Punch Newspapers2d
LG autonomy: CBN, 774 chairmen differ over councils’ account opening
The Central Bank of Nigeria has commenced profiling the chairmen and signatories to the bank accounts of the 774 local ...