interest rates

Just In: Again, CBN increases 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...

CBN increases interest rate to 16.5 % to tame inflation.

The Monetary Policy Committee of the Apex bank voted on Tuesday to increase the benchmark interest rate by 100 basis point to 16.5...

CBN increases benchmark interest rate to 14% as inflation hits all-time high 18%

The Central Bank of Nigeria has voted to increase the benchmark interest rate (Monetary Policy Rate) to 14 per cent from 13 per...

CONVID-19: CBN cuts interest rate to 5%, directs banks to restructure loan terms for Nigerians

  For the first time in several years, the Central Bank of Nigeria (CBN) says it has reduced interest rates on all its...