By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) on Tuesday announced a further hike in the monetary policy rate (MPR) by 100 basis points to...
By Adedapo Adesanya The International Monetary Fund (IMF), via its mission to Nigeria, has called on the Central Bank of Nigeria (CBN) to increase the monetary...
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 from 14.0...
By Aduragbemi Omiyale The benchmark interest rate, the Monetary Policy Rate (MPR), has again been increased by the Central Bank of Nigeria (CBN) to 14 per...
By Lukman Otunuga In a move that caught investors completely off guard on Tuesday, the Central Bank of Nigeria (CBN) raised its benchmark interest rates for...
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) account from...
By Dipo Olowookere The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday announced that the benchmark interest rate has been retained...
By Dipo Olowookere The minimum interest rate to be paid by deposit money banks (DMBs) in Nigeria to their customers for deposits has been reviewed downward...
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 move at...
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 cut in...
