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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...

CBN’s increasing interest rate not enough to curb inflation – World Bank

THE World Bank has said that the Central Bank of Nigeria (CBN) might not effectively curb inflation by hiking...
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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)...

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...
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Expert seeks hold on monetary rate as CBN holds two-day MPC meeting

AS the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meets this week, an agro economist,...

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