Naira Interest Rate

Naira Posts Strong Gains Against Euro Amid Forex Market Reforms, European Political Uncertainty

The Nigerian naira has made significant gains against the European currency at the parallel market, driven by ongoing reforms in Nigeria’s foreign exchange...

Breaking: Again, CBN increases interest to 26.75 percent

The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), also known as the benchmark interest rate, by 50 basis...

Just in: CBN raises interest rate to 18.75 percent

The Central Bank of Nigeria (CBN) on Tuesday increased the benchmark interest rate by 25 basis points to 18.75 per cent from 18.5...