Tag: MPR

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…

In record MPR reset, CBN cuts interest rate to 23%. What does it mean for Nigerians?

Nigeria's interest rate has eased to 23 per cent from 26.5 per cent after months of stagnation and…

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…