MPR

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

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 the 300th Monetary Policy Committee (MPC) meeting earlier this week,

May 24, 2025

Finance & Economy·Opinion

Perspectives On Inflation

The Central Bank of Nigeria (CBN) has been making good efforts and using the necessary monetary tools, especially the Monetary Policy Rate (MPR), to fight inflation, and it is anticipated that the Bank will achieve its target objective in the long run.

March 12, 2025

Business·Finance & Economy

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

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.

March 28, 2024

NACCIMA Boss, Oye, To Chair Vanguard Economic Summit 2025

Business·News

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

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 in the country.

March 27, 2024

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy

Inflation: CBN Raises MPR Again To 24.75%

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.

March 26, 2024

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Falls To Dollar, As CBN’s 18% MPR Set To Affect Imported Goods

FMDQ Exchange, the official foreign exchange (Forex) rate tracker, has revealed that the Dollar rate in the widow backed by the Central Bank of Nigeria (CBN) closed at N462/$1 on Tuesday, 21 March 2023. According to the official market data obtained by Prime

March 22, 2023

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business

Updated: Emefiele Reveals Reasons CBN Increased MPR/Interest Rate To 18%

The Central Bank of Nigeria (CBN) increased the Monetary Policy Rate to 18 per cent from 17.5 per cent on Tuesday, 21 March 2023, to halt inflation. Governor of the CBN, Godwin Emefiele made this known after the meeting of the Monetary

March 21, 2023

Business·Finance & Economy

Nigeria’s Inflation And CBN’s Policy Options

Nigeria’s Inflation, an economic situation where there is a general rise in prices of goods and services, directly impacts cost of living. It harms the economy and well-being of consumers, especially the lower-income consumers who spend a higher proportion of their income

November 30, 2022

Business·Insights

How CBN’s New 15.5% Interest Rate, CRR Affects Your Business, Lifestyle

The Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR), which is the benchmark interest rate, to 15.5 percent from 14 percent on Tuesday. Nigeria’s central bank also raise cash reserve ratio (CRR) from 27.5 percent to 32.5 percent. The

September 27, 2022

20 Topline African Countries With The Highest Benchmark Lending Rates

Business·Finance & Economy·News

20 Topline African Countries With Highest Benchmark Lending Rates

If you’ve been keeping abreast with latest lending rates around the African continent, then you are probably aware that the Central Bank of Nigeria (CBN) has just raised the Monetary Policy Rate (MPR) from 14% to 15.5% on Tuesday, September 27, 2022.

July 19, 2022

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

Perspectives On Inflation

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%

Naira Falls To Dollar, As CBN’s 18% MPR Set To Affect Imported Goods

Updated: Emefiele Reveals Reasons CBN Increased MPR/Interest Rate To 18%

Nigeria’s Inflation And CBN’s Policy Options

How CBN’s New 15.5% Interest Rate, CRR Affects Your Business, Lifestyle

20 Topline African Countries With Highest Benchmark Lending Rates

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