CBN Increases Interest Rate To 18.5%
The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR) which measures interest rates to 18.5% to tame inflation.
CBN’s Interest Rate Hike Pushes Naira Down Across FX Markets
CBN's decision to increase the interest rate to 17.5% pushed down the value of Naira at the different foreign exchange markets.
CBN Raises MPR To 17.5%
The Central Bank of Nigeria has raised the monetary policy rate from 16.5% to 17.5% to combat rising inflation.
CBN Disburses N66bn To Manufacturing, Agricultural Sectors
The Central Bank of Nigeria says it has disbursed N66 billion to the manufacturing and agricultural sectors.
Ghana Pegs Interest Rate At 22% — Highest In 20 Years
Ghana's Central Bank has increased its interest rate by 300 basis points to 22 per cent, the country's highest since 2002.
JUST IN: CBN Raises Interest Rate To 14%
The Central Bank of Nigeria has raised the Monetary Policy Rate from 13 percent to 14 per cent.
CBN Retains Benchmark Interest Rate At 12.5%
The Monetary Policy Committee of the Federal Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 12.5%. CBN’s...