Interest rate

Business & Economy

CBN cuts interest rate the second time in five months

Plu Team -
Nigeria’s central bank has cut its benchmark interest rate for the second time in...
Business & Economy

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

Olawale Afolabi -
Nigeria’s central bank has lowered its benchmark lending rate for the first time in...
Business & Economy

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

Plu Team -
The naira broke through a key psychological barrier on Monday, climbing below ₦1,500 to...
Business & Economy

CBN surprises markets with another interest rate hike

Plu Team -
The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points...
Business & Economy

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

Olawale Afolabi -
The Central Bank of Nigeria has raised its benchmark interest rate to a new...
Business & Economy

What CBN’s interest rate hike means for you

Eric Ojo -
The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in...
Business & Economy

CBN expected to raise interest rate further as naira strengthens

Olawale Afolabi -
The Central Bank of Nigeria will announce its latest interest rate decision today, a...
Business & Economy

CBN’s big rate hike hasn’t helped the naira just yet. Here’s why

Olawale Afolabi -
After months of waiting, the Central Bank of Nigeria on Tuesday delivered what Bloomberg...
Business & Economy

Central Bank of Nigeria postpones interest rate meeting again

Plu Team -
The Central Bank of Nigeria has again postponed a meeting of its monetary policy...
Business & Economy

CBN raises interest rate as Tinubu seeks lower borrowing costs

Plu Team -
The Central Bank of Nigeria raised its key lending rate by 25 basis points...
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