Tag: Interest rate

CBN’s First Interest Rate Cut in Five Years: Relief or Mere Symbol?

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…

Philip Ibitoye

EXPLAINER: Why CBN Retained Interest Rate at 27.5% Despite Falling Inflation

The Central Bank of Nigeria (CBN) has retained its benchmark interest rate…

Philip Ibitoye

JUST IN: CBN Retains Monetary Interest Rates At 27.5%

CBN retains interest rate at 27.5% to manage inflation. Eight Nigerian banks…

Praise Ben