The MPR, set by the Monetary Policy Committee, MPC, of the CBN is a benchmark of the interest rate charged by banks to their customers. This is just as an analyst at Renaissanceafrica Company, Mr.

NACCIMA, CPPE say stifling financial conditions to address liquidity issues detrimental to investment, economic growth Unconvinced by the relative decline in inflation in July and August, the Monetary ...

Despite the Monetary Policy Rate (MPR) remaining flat at 26.75 per cent between July and August 2024 (currently 27.25 per cent), the Nigeria's banking sector average prime lending rate increased to 17 ...

The CBN raised the benchmark interest rate for the sixth consecutive time, this time by 0.5 percentage points to 27.25 ...

The Managing Director and CEO of Fidelity Bank, Nneka Onyeali-Ikpe, has called out the Central Bank of Nigeria for increasing ...

BUA Foods reports 74.4% revenue growth to ₦729.4bn, proposes ₦5.50 dividend The Chairman expressed the commitment of the ...

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), its benchmark interest rate, by 50 basis points to 27.25 percent to further control inflation.CBN Governor Olayemi Car ...

The Central Bank of Nigeria (CBN) has so far maintained a hawkish position in its mandate to achieve price stability. It raised the benchmark interest rate by a combined 800 basis points to 26.75 ...

Buy mortgage points: Mortgage points are fees paid upfront to reduce your mortgage rate, with each point typically costing 1% ...

Key players in the Nigerian business and economic sector have kicked against the recent interest rate hike by the Central ...

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has expressed concerns over ...

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has once again blamed the country's present economic condition on his predecessor, Godwin Emefiele's monetary policy. Cardoso ...