Members of the Organised Private Sector have praised CBN’s 50bps interest rate cut but warn lending conditions remain tight.

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate (MPR) from 27 ...

At its 303rd meeting, MPC retained the Monetary Policy Rate (MPR) at 27 per cent. The latest decision marks the first rate cut after a prolonged period of aggressive tightening aimed at curbing ...

The Central Bank of Nigeria (CBN) on Tuesday, February 24, reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.50 ...

The Central Bank of Nigeria (CBN), yesterday, reduced the Monetary Policy Rate (MPR), the benchmark interest rate   by 50 basis points from 27 per cent to ...

The naira depreciated to N1,359/$ on Tuesday following the conclusion of the 304th Monetary Policy Committee (MPC) meeting of the ...

The Lagos Chamber of Commerce and Industry (LCCI) says the decision of the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) to reduce the monetary policy rate (MPR) to 26.50 ...

The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark interest rate to 26.5% per cent.This was the second time the MPC would be cutting rates under the current ...

The naira on Wednesday regained strength in the parallel market after the Central Bank of Nigeria (CBN) cut its benchmark interest rate, known as the Monetary ...

The LCCI has welcomed the decision of the Central Bank of Nigeria to reduce the Monetary Policy Rate (interest rate) by 50 ...

More than half of Nigerians surveyed by the Central Bank of Nigeria (CBN) want the key borrowing rates to fall ahead of the ...