Naira Weakens Across FX Windows as CBN Hikes Interest Rate by 100bps
By Adedapo Adesanya The foreign exchange (FX) market in Nigeria reacted negatively to the decision of the Central Bank of ...
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Tag: rate hike
Nigerian Stocks Gain 0.60% Despite Rate Hike by 1%
By Dipo Olowookere Nigerian stocks maintained an upward trajectory on Tuesday with a 0.60 per cent growth on a day ...
Brent Crude Nears $100 Amid Rate Hike Uncertainty, Russian Oil Ban
By Adedapo Adesanya Brent crude neared the $100 region after rising by $3.99 to trade at $98.57 per barrel on ...
CBN Insists Rate Hike to 15.5% Not Textbook Economics
By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has played down talks that its decision to increase the Monetary ...
Rate Hike by CBN May Influence Direction of Capital Market—PwC
By Aduragbemi Omiyale The decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to increase ...
CBN Strikes Against Inflation Menace
By Lukman Otunuga In a move that caught investors completely off guard on Tuesday, the Central Bank of Nigeria (CBN) ...
Stocks Post Highest Daily Loss in 11 Months After CBN’s Rate Hike
By Dipo Olowookere The decision of the Central Bank of Nigeria (CBN) to increase the monetary policy rate (MPR) to ...
