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MPR

Dollar Rate Rises In Black Market, Naira Gains Against Pound, Euro
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

More
by Fakoyejo Olalekan
3 months ago
Nigerian Farmers Lost N30 billion Due To CBN’s Naira Redesign Policy
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

More
by Fakoyejo Olalekan
3 months ago
Dollar Rate Rises In Black Market, Naira Gains Against Pound, Euro
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

More
by Arize Nwobu
6 months ago
CBN To Use Funds In Dormant Local, Domiciliary Accounts For Investments
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

More
by Fakoyejo Olalekan
8 months ago
20 Topline African Countries With The Highest Benchmark Lending Rates
Business/Finance & Economy/Latest 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

More
by PBA Reporter
11 months ago
CBN Places Service Restriction On PoS Agents Across Nigeria
Business

How CBN’s New 14% MPR Affects Nigerian Households, Jobs

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) following a hike in inflation rate in June. The central bank made the decision after Tuesday’s Monetary Policy Committee

More
by Fakoyejo Olalekan
11 months ago
CBN
Finance & Economy

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the  Monetary Policy Rate (MPR) at 11.5%, while keeping all other monetary parameters constant. The CBN Governor, Godwin Emefiele, disclosed

More
by PBA Reporter
2 years ago
CBN Asked To Disburse N250 billion To Cushion Subsidy Removal
Uncategorized

CBN Maintains Monetary Policy Rate Of 11.5 Percent

MONETARY Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to retain the interest rate of 11.5 percent because it would further help regain stability and lead to growth.

More
by Kayode Shopekan
2 years ago

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