The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 18.5 percent to 18.75 percent. CBN’s decision
Tag "interest rates"
The Bank of England (BoE) has raised its interest rates from 4 percent to 4.25 percent in order to combat inflation. The rate is the highest recorded since October 2008.
The United States Federal Reserve (Fed), on Wednesday, raised its benchmark interest rate by 25 basis points to a target range of 4.5 percent to 4.75 percent. This is the
Oil prices, on Friday, fell as the market assessed the aftermath of interest rate hikes at central banks. Brent crude futures fell 2.28 percent to $78.87 per barrel while West
The Central Bank of Nigeria (CBN) has announced an extension period for its reduced interest rates on intervention facilities to
Financial markets thrive on public confidence and that is why regulatory actions need to be weighed and counter checked and
The monetary policy committee of the Central Bank of Nigeria (CBN) has announced that the monetary policy rate (MPR), which
Ex-president Olusegun Obasanjo has urged commercial banks to lower interest rates for farmers to enable them to access loans for
Kemi Adeosun, minister of finance, says she wants the Central Bank of Nigeria (CBN) to lower interest rates, in a
Whichever way it ends, the Monetary Policy Committee (MPC)’s meeting on Monday portends higher costs of living for Nigerians. The meeting
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