Interest rate

CBN’s rate cut: What it means for your loans, savings and wallet

The Central Bank of Nigeria just made its biggest single interest-rate move in almost...

CBN cuts interest rate the second time in five months

Nigeria’s central bank has cut its benchmark interest rate for the second time in...

Central Bank of Nigeria cuts interest rate for the first time since 2020

Nigeria’s central bank has lowered its benchmark lending rate for the first time in...

What’s driving the naira’s rally – and will it last?

The naira broke through a key psychological barrier on Monday, climbing below ₦1,500 to...

CBN surprises markets with another interest rate hike

The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points...

Understanding how CBN’s new record high interest rate affects you

The Central Bank of Nigeria has raised its benchmark interest rate to a new...

What CBN’s interest rate hike means for you

The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in...

CBN expected to raise interest rate further as naira strengthens

The Central Bank of Nigeria will announce its latest interest rate decision today, a...

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...

Central Bank of Nigeria postpones interest rate meeting again

The Central Bank of Nigeria has again postponed a meeting of its monetary policy...