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Benchmark interest rate

Business and Economy

Again, CBN holds interest rates at 27.5% despite drops in inflation

THE Central Bank of Nigeria (CBN) has for the third consecutive time kept the benchmark interest rate unchanged at...
Ehime ALEX -
Banking and Finance

CBN raises rates to 27.25% despite ease in inflation figure

THE Central Bank of Nigeria (CBN) has further tightened its monetary policy rate, otherwise known as the benchmark interest...
Ehime ALEX -
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Banking and Finance

Stocks suffer worst decline in 10 weeks on CBN rate hike, investors lose N1.32trn

THE Nigerian stock market saw the worst weekly decline in 10 weeks following the Central Bank of Nigeria (CBN)...
Ehime ALEX -
Business and Economy

Businesses’ borrowing costs to rise as CBN hikes interest rate to 26.75%

BUSINESSES and manufacturers would have to borrow funds at a higher interest rate for their operations as the Central...
Ehime ALEX -
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Business and Economy

CBN to raise benchmark interest rate at next meeting – FDC

THE Central Bank of Nigeria (CBN) is expected to raise the benchmark interest rate in its monetary policy committee...
Ehime ALEX -

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