Tag: Interest rate
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CBN’s big rate hike hasn’t helped the naira just yet. Here’s why
After months of waiting, the Central Bank of Nigeria on Tuesday delivered what Bloomberg termed as a "jumbo rate hike" in its boldest move...
Central Bank of Nigeria postpones interest rate meeting again
The Central Bank of Nigeria has again postponed a meeting of its monetary policy committee. It is the second time since Olayemi Cardoso was...
CBN raises interest rate as Tinubu seeks lower borrowing costs
The Central Bank of Nigeria raised its key lending rate by 25 basis points to 18.75% on Tuesday in a bid to tame a...
Bank of America sees Nigeria inflation at 30% after subsidy removal
Consumer prices in Nigeria are likely to rise by 30% by the end of the year from 22.4% in May, after petrol prices rose...
Seeking to tame rising prices, CBN raises interest rate again
The Central Bank of Nigeria has raised its key interest rate to the highest level in at least a decade as it continues to...