The monetary policy committee of the CBN has raised the MPR, which benchmarks interest rates, from 26.75 percent to 27.25 ...

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures ...

In a move that stunned the financial markets, the Central Bank of Nigeria (CBN) Monetary Policy Committee voted to further ...

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. This came on a day the Central Bank of ...

The Centre for the Promotion of Private Enterprise, CPPE, has tackled the Central Bank of Nigeria's fifth interest rate hike ...

CPPE says the latest hike in interest rate by the Central Bank of Nigeria (CBN) is detrimental to investment and economic ...

Small business owners have described the new CBN Monetary Policy Rate, MPR, as unfortunate, and capable of further ...

The Nigerian Bureau of Statistics, NBS, yesterday, announced that Nigeria’s unemployment rate grew by 1.2 percentage points ...

Key players in the Nigerian business and economic sector have kicked against the recent interest rate hike by the Central Bank of Nigeria Monetary Policy ...

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

The Central Bank of Nigeria has raised interest rates by 50bps from 26.75% to 27.25%.

The Central Bank of Nigeria has attributed the hike in Monetary Polcy Rate to persistent inflationary pressures, particularly the rise in core inflation driven by escalating energy prices.