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MPC

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...

Economy suffering as inflation weigh down business activities to seven-month low

THERE are growing concerns as the Nigerian Purchasing Managers’ Index (PMI) dropped to 50.1 points in June, showing inflation...
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CBN raises MPR by 200bps to 24.75%

THE Central Bank of Nigeria (CBN) has again raised the benchmark interest rate as it continues to battle inflationary...

CBN raises interest rate to 22.75%, says banks to recapitalise soon

THE Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting on Tuesday increased the Monetary policy rate (MPR)...
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Amidst falling naira, Nigerians anticipate outcome of first MPC meeting under Cardoso

THE Central Bank of Nigeria (CBN) is expected to make critical decisions on where the country's economy is headed...

Tinubu seeks Senate confirmation of Cardoso, other MPC members

PRESiDENT Bola Tinubu has asked the Senate to confirm the appointment of the Central Bank of Nigeria (CBN) governor,...
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