Tuesday, December 7, 2021
MARKET UPDATE

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Tag "interest rates"

CBN extends interest rate cut on intervention facilities by 12 months

    CBN extends interest rate cut on intervention facilities by 12 months

The Central Bank of Nigeria (CBN) has announced an extension period for its reduced interest rates on intervention facilities to businesses by 12 months. The apex bank, in a statement

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Clamp down on portfolio investment firms: failure of regulation?

    Clamp down on portfolio investment firms: failure of regulation?

Financial markets thrive on public confidence and that is why regulatory actions need to be weighed and counter checked and consequences of actions clearly understood and communicated before decisions that

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Cost of loans to reduce as CBN MPC cuts benchmark interest rate to 11.5%

    Cost of loans to reduce as CBN MPC cuts benchmark interest rate to 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has announced that the monetary policy rate (MPR), which determines interest rate, will be reduced by 100 basis points

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Obasanjo urges banks to lower interest rates for farmers

    Obasanjo urges banks to lower interest rates for farmers

Ex-president Olusegun Obasanjo has urged commercial banks to lower interest rates for farmers to enable them to access loans for agriculture. Speaking at the opening ceremony of the 2017 Niger

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Adeosun, manufacturers want CBN to cut interest rate

  Adeosun, manufacturers want CBN to cut interest rate

Kemi Adeosun, minister of finance, says she wants the Central Bank of Nigeria (CBN) to lower interest rates, in a

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ANALYSIS: Expect higher rates as MPC meets

  ANALYSIS: Expect higher rates as MPC meets

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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