Interest rate

CBN’s monetary policy rate team declares a new borrowing interest of up to 22.75%
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CBN’s monetary policy rate team declares a new borrowing interest of up to 22.75%

Towering inflation figures which reached 22.90 percent in January had made it a given that something imminent and different was…
Nigeria’s Apex Bank Hikes Interest Rate, Deadline for Old Naira Notes Stays
Business

Nigeria’s Apex Bank Hikes Interest Rate, Deadline for Old Naira Notes Stays

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 16.5 percent…
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