interest rate

Another interest rate hike anticipated as MPC decides on key economic parameters

Analysts at Cowry Research have predicted that there will be a 25 basis points (bps) to 50bps hike in interest…

9 months ago

Invest in assets that retain value amidst high interest rate, scarce FX -Expert advises

Corporations and Investors should be prepared for a high interest rate regime, scarce Foreign Exchange (FX) and 18 months of…

10 months ago

No business can survive with current interest rate regime —NACCIMA

The president of the National Association of Chambers of Commerce and Industry, Mines and Agriculture  (NACCIMA), Mr. Dele Oye, has…

11 months ago

Interest rate hike: You are compounding our woes, MAN tells FG

Manufacturers under the aegis of the Manufacturers Association of Nigeria (MAN) have described the recent hike in interest rates by…

11 months ago

FULL LIST: Banks offering 7.4% interest rate on deposits

Multiple commercial banks in Nigeria are presently providing a 7.4% interest rate on deposits. This follows the increase in the…

11 months ago

BREAKING: CBN raises interest rate to 26.25 %

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points, increasing it from 24.75 percent…

12 months ago

Bank recapitalisation will enhance fall in interest rate —Prof Adenikinju

The Central Bank of Nigeria (CBN) directive to banks to recapitalise has been described as a move that will lead…

1 year ago

Cost of borrowing to rise as CBN raises benchmark interest rate to 24.75%

The Central Bank of Nigeria (CBN), after its second Monetary Policy Committee (MPC) meeting for the year on Tuesday, further…

1 year ago

CBN increases interest rate to 22.75%

The Central Bank of Nigeria (CBN) has increased the benchmark interest rate, also known as the Monetary Policy Rate (MPR)…

1 year ago

Inflation, exchange rate, interest rate in focus as new MPC holds first meeting

THERE are high expectations that rising inflation, depreciation in exchange rate of the naira, raising the interest rate, among other…

1 year ago

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