CBN Reduces Interest Rate By 50 Basis Points To 27%
THE Central Bank of Nigeria’s Monetary Policy Committee has reduced the interest rate by 50 basis points, from 27.5 percent in July to.
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CBN Raises Interest Rate To 26.75% Amid Soaring Inflation
THE Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from.
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‘No Growth Will Happen With This’, Dangote Slams CBN’s 26% Interest Rate
CHAIRMAN and Chief Executive Officer of Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent.
Business
Again, CBN Raises Interest Rate To 24.75 Percent
THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points to.
International
Turkey Hikes Interest Rates As Erdogan Stages Economic U-Turn
TURKEY has hiked its main interest rate from 8.5% to 15%, reversing one of President Recep Tayyip Erdogan’s unorthodox economic policies. The 6.5-point.
Business
CBN Increases Interest Rate To 18.5%
THE Central Bank of Nigeria (CBN) has raised interest rate from 18 percent to 18.5 percent. News Point Nigeria the apex bank governor,.
International
Fed Raises US Interest Rates To Highest In 16 Years
THE US central bank has raised interest rates to the highest level in 16 years as it battles to stabilise prices. The Federal.
International
US Raises Interest Rates Despite Banking Turmoil
THE US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of.
Business
CBN Raises Interest Rate To 18%
THE Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 50 basis points to.