Data from the Central Bank of Nigeria (CBN) reviewed at the weekend, indicated that banks’ credit to the private sector (CPS) ...
Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of ...
The naira depreciated by 2.5 percent against the dollar in the official foreign exchange (FX) market in March 2025, as ...
The Punch on MSN1d
Nigeria’s interest rate fifth highest globally – MPC memberIn Nigeria, the Monetary Policy Rate is the interest rate set by the Central Bank of Nigeria that serves as a benchmark for lending rates in the economy. It influences the cost of borrowing and the ...
The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from banks ...
Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have identified investment in food storage facilities, development of policies to tackle supply-side constraints, ...
CBN vows to stabilize Naira, combat market manipulation. Official rate dips slightly, amidst reforms and surveillance.
Governor, Olayemi Cardoso, has pledged an unwavering commitment to sanitize the nation’s Foreign Exchange Market, aiming to ...
Legit.ng on MSN11d
65% of Nigerians Want CBN to Reduce Interest Rates Amid High Inflation, Food PricesThe CBN Monetary Policy Rates, also known as interest rates, have generated a lot of discussions since 2024 especially due to ...
The first Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) in 2025 provided critical insights into the country’s economic direction. The CBN reaffirmed its commitment ...
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