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CBN interest rate

Calls For Interest Rate Cut Intensify As Inflation Records Further Decline

September 17, 2025

Ahead of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) meeting next week, calls for the CBN to cut the interest rate have intensified. In a notice published on its website,

Business News

It’s Too Early For CBN To Cut Interest Rate – Experts

July 23, 2025

Economic experts have said the Decision of the Central Bank of Nigeria (CBN) to retain the monetary policy rate, also known as the benchmark interest rate at 27.5 per cent was the

Finance & Economy

Again, CBN Retains Benchmark Interest Rate At 27.5%

July 22, 2025

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again voted to retain the Monetary Policy Rate, the benchmark interest rate, at 27.50 per cent. The decision was

Finance & Economy

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

July 21, 2025

A survey conducted by the Central Bank of Nigeria (CBN) revealed that 65.8 per cent of respondents want the monetary authority to lower interest rates. According to the CBN’s Inflation Expectations Survey,

Business News·News

CBN Fixes Date For MPC Meeting To Decide On Interest Rate

July 12, 2025

The Central Bank of Nigeria (CBN) has fixed a date for the 301st Monetary Policy Committee (MPC) meeting, where a decision for the benchmark interest rate will be made. In the meeting

Business News

‘CBN’s Interest Rate Remains High, Choking Businesses’

May 24, 2025

The Central Bank of Nigeria’s (CBN) decision to retain the current monetary policy parameters has continued to generate reactions from interest groups and economic analysts. Prime Business Africa had reported that during

Business News·Finance & Economy

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

May 21, 2025

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has called on the fiscal authority to strengthen efforts towards enhancing foreign exchange earnings for the country, especially from oil and gas

Why CBN Retained Bencmark Interest Rate At 27.5%

Finance & Economy

Why CBN Retained Benchmark Interest Rate At 27.5%

February 21, 2025

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), the benchmark interest rate in the country, at 27.50 percent. This was announced

CPPE Highlights What Must Be Done To Sustain Disinflation In Nigeria

Business News·News

CBN’s Interest Rate Hike Will Stifle Investment, Economic Growth – CPPE

September 25, 2024

The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns about the impact of the latest decision of the Central Bank of Nigeria (CBN) to raise interest rate on investments

Finance & Economy·News

Experts Fault CBN’s Interest Rate Hike

September 25, 2024

Economic experts have faulted the continuous increase of the Monetary Policy rate (MPR) also known as benchmark interest rate, by the Central Bank of Nigeria (CBN), saying it won’t solve the problem

Finance & Economy·News

CBN Further Raises Benchmark Interest Rate To 27.25%

September 24, 2024

The Central Bank of Nigeria (CBN) has further increased Monetary Policy Rate (MPR), also known as the benchmark interest rate by 50 basis points to 27.25 per cent. Prime Business Africa reports

Finance & Economy·News

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

July 23, 2024

The Central Bank of Nigeria’s (CBN) monetary policy committee has increased the benchmark interest rate, known as the Monetary Policy Rate (MPR), from 26.25 per cent to 26.75 per cent. This was

Business News·News

NACCIMA Highlights Effects Of Benchmark Interest Rate Hike On Nigerian Businesses

July 23, 2024

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Oye, has highlighted the potential consequences of a hike in the benchmark interest rate (MPR)

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria - CBN Survey

Business News·Finance & Economy·News

‘Why CBN Should Not Raise Interest Rate’ As MPC Meets

July 22, 2024

The Central Bank of Nigeria (CBN) has been advised to suspend further hike of the benchmark interest rate because of the impact on the economy. This comes as the CBN Monetary Policy

Financial Inclusion Key To Realising Nigeria's $1trn Economy Target - Cardoso

Business News·Finance & Economy·News

CBN Raises Benchmark Interest Rate To 26.25%

May 21, 2024

The Central Bank of Nigeria has increased the benchmark interest rate by 150 basis points to 26.25 per cent. This was the decision of the Monetary Policy Committee (MPC) of the CBN

Business News·Finance & Economy

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

March 28, 2024

The recent monetary policy tightening measure adopted by the Central Bank of Nigeria (CBN) has continued to generate reactions as economic experts express divergent views about the impact on soaring inflation.

NACCIMA Boss, Oye, To Chair Vanguard Economic Summit 2025

Business News·News

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

March 27, 2024

NACCIMA has warned that the latest hike of the Monetary Policy rate ( MPR) to 24.75% by the Central Bank of Nigeria (CBN) would have a significant negative impact on private sector operations

Business News·Finance & Economy

Inflation: CBN Raises MPR Again To 24.75%

March 26, 2024

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), the benchmark interest rate to 24.75 per cent, from the previous 22.75 per cent.

Business News·News

CBN MPC Meeting Holds March 25

March 20, 2024

The Central Bank of Nigeria (CBN) has announced that the Monetary Policy Committee (MPC) will hold its 294th meeting on Monday, 25 March and Tuesday, 26 March 2024. The apex bank made

Business News·Finance & Economy·News

CBN Raises Benchmark Interest Rate To 22.75%

February 27, 2024

he Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75 per cent. This was announced by the CBN governor, Yemi Cardoso

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business News·Finance & Economy·News

LCCI Urges CBN To Pause Interest Rates As Inflation Hits 25.80%

September 18, 2023

The Lagos Chamber of Commerce and Industry (LCCI) has called upon the Central Bank of Nigeria (CBN) to hit the brakes on interest rate hikes. Dr. Chinyere Almona, Director-General of LCCI, emphasized

Breaking: CBN Raises Interest Rate To 18.75%

Business News

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CBN interest rate

Calls For Interest Rate Cut Intensify As Inflation Records Further Decline

It’s Too Early For CBN To Cut Interest Rate – Experts

Again, CBN Retains Benchmark Interest Rate At 27.5%

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

CBN Fixes Date For MPC Meeting To Decide On Interest Rate

‘CBN’s Interest Rate Remains High, Choking Businesses’

CBN Urges Fiscal Authority To Boost Efforts In Forex Earnings From Exports

Why CBN Retained Benchmark Interest Rate At 27.5%

CBN’s Interest Rate Hike Will Stifle Investment, Economic Growth – CPPE

Experts Fault CBN’s Interest Rate Hike

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

NACCIMA Highlights Effects Of Benchmark Interest Rate Hike On Nigerian Businesses

‘Why CBN Should Not Raise Interest Rate’ As MPC Meets

CBN Raises Benchmark Interest Rate To 26.25%

Experts Differ On Impact Of CBN’s Interest Rate Hike On Inflation

CBN’s New MPR Hike May Cripple Private Sector, NACCIMA Warns

Inflation: CBN Raises MPR Again To 24.75%

CBN MPC Meeting Holds March 25

CBN Raises Benchmark Interest Rate To 22.75%

LCCI Urges CBN To Pause Interest Rates As Inflation Hits 25.80%

Updated: CBN Raises Interest Rate To 18.75%, To Affect Prices Of Goods

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