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Tag: interest rates
CBN Increases Interest Rate for the Sixth Time in 2024
The Central Bank of Nigeria (CBN) has announced that it has once again increased the Monetary Policy Rate (MPR) to 27.50% from 27.25% in its bid to fight against the…
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Central Bank of Nigeria Raises Interest Rates to Tackle Soaring Inflation – Here are all the details
In response to Nigeria's mounting inflationary pressures, the Central Bank of Nigeria (CBN) has recently announced a decision to raise the monetary policy rate (MPR) from 18 percent to 18.5…
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Electricity workers suspend one-day strike for two weeks; Nigerian Musician Buju to face sanction for spitting on police officer | 5 Things That Should Matter Today
Electricity workers suspend one-day strike for two weeksNigerian Musician Buju to face sanction for spitting on police officerNigerians will receive more money as the CBN encourages banks to increase savings…
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I am confident presidency will sign 2017 budget soon – Saraki
Senate President Bukola Saraki has said Nigerians should not be apprehensive whether the Presidency will sign the 2017 budget or not. In an interview with journalists in Ilorin, the Kwara…
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El-Rufai blasts CBN’s monetary policies
Governor of Kaduna state, Nasir el-Rufai, on Wednesday said the Central Bank of Nigeria is making life difficult for Nigerians with its policies. He made the remark while speaking in Abuja at…
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All hail the Bankers’ Governor!
by Tunji Andrews The emergence of Godwin Emiefele as the 11th governor of the central bank of Nigeria (CBN), marked the end of probably the most controversial CBN governorship in…
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Ngozi Okonjo-Iweala: Affordable housing for all will soon become a reality
by Ngozi Okonjo-Iweala An important component to the launch of the NMRC is the development of mass housing schemes by private developers working with the Federal Mortage Bank of Nigeria…
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