Tag: Interest Rates
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CBN Maintains Tight Policy Stance Amid Soaring Food And Fuel Prices
To control intractable inflation, the Central Bank of Nigeria (CBN) raised interest rates by 25 basis points on Tuesday, continuing its hawkish approach.
Because of...
Cardoso Concedes That Raising Interest Rates To 27.75% Hurts Borrowers
Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has admitted that the interest rate increase to 27.25% is "painful" for borrowers,...
Rents and Home Prices Have Increased in Response to CBN’s Rate Increase
Operators in the Nigerian real estate market warned that the Central Bank of Nigeria's (CBN) recent increase in interest rates to 27.75 percent may...
CBN Would Keep Raising Interest Rates if Inflation Does Not Fall – Cardoso
According to Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), ongoing inflation may make monetary tightening measures more difficult to implement...
