CBN raises interest rate to 27.50%
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate by 25 basis points, ...
Tag: Inflation Control
CBN lifts suspension on bank borrowing, lending rate up 31.75%
The Central Bank of Nigeria (CBN) has lifted the suspension on banks borrowing from its Standing Lending Facility (SLF), establishing ...
Nigeria proposes tax breaks to boost employment
The Nigerian government is considering granting tax breaks to companies that increase their staff as part of efforts to combat ...
CBN raises Treasury Bill rates to 22.1% in latest auction
On July 24, the Central Bank of Nigeria (CBN) raised the stop rate for one-year Treasury Bills (T-Bills) to 22.1%, ...
Nigeria Offers N1 Billion Credit to Boost Economy
The Nigerian government has unveiled a significant financial initiative to stimulate economic growth, Finance Minister Wale Edun has revealed plans ...
Central Bank Raises Inter-Bank Rate to Curb Inflation
In an effort to control inflation, the Central Bank of Nigeria (CBN) raised its key interest rate on Tuesday. The ...
CBN Deputy Gov. Forecasts 32.63% Inflation Rate for Nigeria by March 2024
Muhammad Sani Abdullahi, Deputy Governor of the Economic Policy Directorate at the Central Bank of Nigeria (CBN), has forecasted a ...
