CBN hikes MPR for fourth time in a row amid soaring inflation
business AM
November 23, 2022
By Business AM The Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate, or Monetary Policy Rate (MPR), for the
Nigeria MPC’s pro-growth agenda in Covid-19 era
Moses ObajemuJune 3, 2020
By Moses Obajemu After 14 months of retaining the monetary policy rate (MPR) at 13.5 per cent, the Monetary Policy Committee last week
CBN cuts interest rate for first time in 14 months
Businessam StaffMay 28, 2020
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the Monetary Policy Rate, also known as main interest rate,
Nigeria’s inflation projected to increase 30bps to 11.53% In September
Businessam StaffOctober 9, 2018
Year-on-year headline inflation is expected to increase by 30bps to 11.53 percent in the month of September, according to analysts at
Secured credit to households to increase in Q4 2018, says CBN report
Adesola AfolabiOctober 2, 2018
“The overall availability of credit to the corporate sector increased in Q3 2018 and was expected to increase in the next quarter,”
MPC: Analysts call no rate change on capital flows volatility downsides
Steve OmanufemeMay 21, 2018
Analysts at Afri Invest Research have made a no rate change call as the monetary policy committee (MPC) meets this week. “As with all
Central bank urged to cut MPR, eradicate multiple exchange rates
Businessam StaffApril 1, 2018
Aminu Gwadabe, the President of Association of Bureau d’Change Operators of Nigeria (ABCON), has advised the CBN to reduce its
Nigeria’s top lenders score high on return on equity in sub-Saharan Africa
Businessam StaffMay 31, 2017
Despite a pervading rise in non-performing loans and thinning interest margins, Nigeria’s top lenders are doing relatively well more