Short-term interest rates to trend low on over N3trn expected liquidity inflows
NIGERIA’S financial markets are poised for a significant influx of liquidity, with over N3 trillion expected to flood the system ...
Tag: interest rates
African central banks expected to cut interest rates as Nigeria plans hike
IN a surprising departure from Nigeria’s decision to raise interest rates, many African central banks are anticipated to adopt a ...
Inter-bank lending interest rates to moderate on N374.7bn T-bills inflows
There are expectations that system liquidity will remain robust, primarily driven by inflows from Treasury bills (T-bills) maturities amounting to ...
Interest rates might hit 35% per annum —FDC
The effect of the increase in the Cash Reserve Ratio (CRR) on interest rates will push up borrowing costs to ...
Tax reform committee recommends usage of banks’ CRR to provide concessionary interest rates for manufacturers
THE presidential committee on fiscal policy and tax reforms has among others, proposed the use of some portion of banks’ ...
Tougher time ahead as CBN hikes interest rates to 26.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has continued its tightening posture, raising the Monetary ...
Outcry among Nigerians as CBN raises interest rates again
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday again raised the Monetary Policy Rate from 24.75 ...
More difficulties for borrowers as banks hike lending interest rates in line with MPR
BORROWERS of money in Nigeria may be facing more difficulties as Deposit Money Banks (DMB) have started adjustments to their ...
‘How interest, inflation, FX rates will affect Nigeria’s GDP growth in 2024’
A Pan-African Credit Rating Agency, Agusto & Co, has identified three major economic variables that are likely to have fareaching ...
Home prices could strain financial markets as interest rates rise —IMF
THE International Monetary Fund (IMF) has said that countries with elevated housing prices and high household debt issued at floating ...
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