Tag: Interest rate

CBN cuts MPR to 23% as inflation eases: Eight key takeaways from latest MPC meeting

The Central Bank of Nigeria has reduced its benchmark interest rate by 350 basis points, bringing the Monetary…

Again, CBN retains interest rate at 26.50% amid worsening access to cheap credit facilities

Analysts have also said that the decision to keep interest rates at 26.50 is hindering Nigerians' access to…

CBN reduces MPR to 12.5%

The Monetary Policy Committee (MPC) of Central Bank of Nigeria on Thursday reduced monetary policy rate (MPR), or…

Tinubu urges CBN to lower interest rate over COVID-19

The National Leader of the ruling All Progressives Congress (APC), Bola Ahmed Tinubu, has called on the Federal…