interest rates

Monetary policy: Former Statistician-General positive on trend of real interest rates

NIGERIA’s real interest rates have begun to trend positive, according to Dr. Yemi Kale, former Statistician-General of the Federation. This…

3 weeks ago

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…

2 months ago

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…

5 months ago

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…

6 months ago

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…

7 months ago

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’…

11 months ago

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…

12 months ago

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…

12 months ago

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…

1 year ago

‘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…

1 year ago

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