CBN Raises Interest Rate Again, Shocks Market and Experts
In a move that sent shockwaves through the financial markets, the Central Bank of Nigeria (CBN) on Tuesday announced a significant increase in its Monetary Policy Rate (MPR). The rate…
In a move that sent shockwaves through the financial markets, the Central Bank of Nigeria (CBN) on Tuesday announced a significant increase in its Monetary Policy Rate (MPR). The rate…
Nigeria’s battle against inflation intensified on Tuesday, July 23rd, 2024, as the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) announced a 50 basis point increase in the benchmark…
Nigeria faces a persistent battle against inflation, and the Central Bank Governor, Olayemi Cardoso, is advocating for a continuation of the current high interest rate policy. This decision, outlined in…
CEM REPORT, ECONOMY| In a move aimed at taming soaring inflation, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate, known as the…
CEM ANALYSIS, ECONOMY | Experts have continued to react to the decision by the Monetary Policy Committee to increase interest rate as an effort to tame the roaring inflation in…
CEM REPORT, ECONOMY | The Central Bank of Nigeria (CBN)’s MPC on Tuesday raised its Monetary Policy Rate (MPR) (interest rate) by 400 basis points from 18.75 per cent to…
CEM OPINNION, FINANCE | For over four months now, the Monetary Policy Committee of the Central Bank of Nigeria has failed to hold its statutory meeting and the bank has…
CEM REPORT, ECONOMY | The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised its benchmark interest rate by 15 basis points to 18.5 per cent…