interest rate | Business Post Nigeria

JUST IN: CBN Raises MPR to 16.5% to Tame Inflation

November 22, 2022

By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) on Tuesday announced a further hike in the monetary policy rate (MPR) by 100 basis

Economy

As MPC Meeting Begins Today, IMF Tells CBN to Raise Rate

November 21, 2022

Adedapo Adesanya

By Adedapo Adesanya The International Monetary Fund (IMF), via its mission to Nigeria, has called on the Central Bank of Nigeria (CBN) to increase

Economy

CBN Raises Interest Rate to 15.5%, CRR to 32.5%

September 27, 2022

Dipo Olowookere

By Dipo Olowookere The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 1.5 per cent to 15.5 per cent

Economy

CBN Increases Interest Rate to 14% to Curb Inflation

July 19, 2022

Aduragbemi Omiyale

By Aduragbemi Omiyale The benchmark interest rate, the Monetary Policy Rate (MPR), has again been increased by the Central Bank of Nigeria (CBN) to

Economy

CBN Strikes Against Inflation Menace

May 26, 2022

Business Post Contributor

By Lukman Otunuga In a move that caught investors completely off guard on Tuesday, the Central Bank of Nigeria (CBN) raised its benchmark interest

Banking

Wema Bank ALAT Limits FX Cash Withdrawal, Raises Savings Band

August 26, 2021

Business Post Contributor

By Sodeinde Temidayo David Nigeria’s first fully digital bank, ALAT by Wema Bank Plc, has announced that customers can now open foreign exchange (FX)

Economy

CBN: MPC Members Vote to Hold Interest Rate at 11.5%

March 23, 2021

Dipo Olowookere

By Dipo Olowookere The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday announced that the benchmark interest rate has

Banking

CBN Chops Interest Rate on Savings Deposit to 1.25%

September 1, 2020

Dipo Olowookere

By Dipo Olowookere The minimum interest rate to be paid by deposit money banks (DMBs) in Nigeria to their customers for deposits has been

Economy

Low Interest Rate Could Lead to Inflation—CBN

June 30, 2018

Dipo Olowookere

By Dipo Olowookere Though some have called for the lowering of the nation’s benchmark interest rate presently at 14 percent, others feel making such

World

Kenya Cuts Benchmark Interest Rate to 9.50%

March 19, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The Central Bank of Kenya (CBK) has announced the reduction of the nation’s benchmark interest rate by 50 basis points. This

interest rate - Page 2

JUST IN: CBN Raises MPR to 16.5% to Tame Inflation

As MPC Meeting Begins Today, IMF Tells CBN to Raise Rate

CBN Raises Interest Rate to 15.5%, CRR to 32.5%

CBN Increases Interest Rate to 14% to Curb Inflation

CBN Strikes Against Inflation Menace

Wema Bank ALAT Limits FX Cash Withdrawal, Raises Savings Band

CBN: MPC Members Vote to Hold Interest Rate at 11.5%

CBN Chops Interest Rate on Savings Deposit to 1.25%

Low Interest Rate Could Lead to Inflation—CBN

Kenya Cuts Benchmark Interest Rate to 9.50%

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