Tag: Interest Rate
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Dangote Cries Out Over High Interest Rate, Seeks Govt’s Prompt Intervention
The Chairman and Chief Executive Officer of the Dangote Group, Aliko Dangote, on Tuesday 2 July said the consistent hike in interest rate would...
CBN’s 26.25% interest rate will increase Nigeria’s exorbitant cost of doing business – MAN
The recent 150 basis point rise in the monetary policy rate (MPR) by the Central Bank of Nigeria (CBN), according to Mr. Segun Ajayi...
CBN announces a rate halt following its third consecutive increase to 26.25%
Following its third consecutive interest rate hike on Tuesday, the Central Bank of Nigeria (CBN) hinted that it would soon pull back on its...
BREAKING: CBN Hikes Interest Rate To 18.75%
CBN Hikes Interest Rate To 18.75%
In response to the prevailing economic challenges, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)...
