Deep search
Rewards
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
BREAKING: In fifth consecutive hike, CBN raises Nigeria’s interest rate to 27.25%
The Central Bank of Nigeria, CBN, Monetary Policy Committee, MPC, has raised the interest rate by 50 basis points to 27.25 percent, the fifth hike since February 2024. CBN Governor Olayemi Cardoso disclosed this during a press briefing at the end of 297th MPC in Abuja on Tuesday.
CBN increases interest rate to 27.25%
The monetary policy committee of the CBN has raised the MPR, which benchmarks interest rates, from 26.75 percent to 27.25 percent.
CBN raises interest rate to 27.25 per cent
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures the benchmark interest rate, to 27.25 per cent.
Nigeria CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira
Discover the economic implications of Nigeria’s interest rate hike to 27.25%, including inflation control, naira stability, and challenges for businesses. Understand how this monetary policy impacts borrowing costs,
Why the CBN shocked the world by raising interest rates to 27.25%,
Nigeria's Central Bank stunned the global financial community on Tuesday when its Monetary Policy Committee (MPC) voted unanimously to raise
Unemployment rises to 5.3% as CBN hikes interest rate to 27.25%
The Nigerian Bureau of Statistics, NBS, yesterday, announced that Nigeria’s unemployment rate grew by 1.2 percentage points to 5.3 per cent year-on-year, YoY.
Nigeria's central bank surprises with fifth rate hike this year
Nigeria's central bank unexpectedly raised its benchmark lending rate by 50 basis points to 27.25% on Tuesday in a unanimous decision to tame persistent inflationary pressures, bank governor Olayemi Cardoso said.
Nigeria’s central bank raises interest rate to 27.25% amid inflation concerns
Nigeria’s central bank surprised the market on Tuesday by raising its benchmark lending rate by 50 basis points to 27.25%. This is the fifth rate hike of the year and reflects the bank’s ongoing battle against inflationary pressures,
Daily Post Nigeria on MSN
9h
CBN interest rate hike will kill investments – NACCIMA, business owners
Key players in the Nigerian business and economic sector have kicked against the recent interest rate hike by the Central ...
Vanguard
12h
New CBN interest rate’ll increase unemployment – Small business owners
Small business owners have described the new CBN Monetary Policy Rate, MPR, as unfortunate, and capable of further ...
legit
6h
Group React as CBN Adjust Changes to Interest Rates for Customers of Access, UBA, GTB, Others
This occurred after the CBN recently increased the monetary policy rate to 27.25% for the sixth time this year Business ...
TheCable
1d
CPPE to CBN: Hike in interest rate detrimental to investments, economic growth
CPPE says the latest hike in interest rate by the Central Bank of Nigeria (CBN) is detrimental to investment and economic ...
Nairametrics
11h
Naira depreciates 6.13% at I&E window as CBN announces interest rate increase
On Tuesday, September 24, 2024, the Nigerian naira further depreciated against the US dollar, closing at N1,658.48 in the ...
Daily Post Nigeria
1d
Pause interest rate hike – CPPE tells CBN ahead of MPC decision on Tuesday
The Centre for the Promotion of Private Enterprise, CPPE, has asked the Central Bank of Nigeria Monetary Policy Committee to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback