Interest Rate Hike: Equities Market Losses N773bn
The domestic equities market, yesterday, extended losses from the previous session by N773 billion, as investors reacted to the outcome of the Monetary Policy Committee (MPC) meeting.
The Nigeria’s apex bank has increased the country’s nominal risk-free rate by...
Interest Rate Hike: Equities Market Losses N773bn
The domestic equities market, yesterday, extended losses from the previous session by N773 billion, as investors reacted to the outcome of the Monetary Policy Committee (MPC) meeting.
The Nigeria’s apex bank has increased the country’s nominal risk-free rate by...
CBN Raises Interest Rate to 22.75% as External Reserves Rise to $34bn
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the country's interest rate to 22.75 percent as part of measures to curb rising inflation.
Economic Confidential recalls that the...
Again, CBN Increases Interest Rate to 18.5%
The Central Bank of Nigeria(CBN) has raised its benchmark lending rate to 18.5 per cent, from 18 per cent, in a robust push to contain the nation’s inflationary trend.
The CBN governor, Godwin Emefiele, announced this on Wednesday after...
18% Rate: Economists Fault MPC Over Increase
Economists have faulted the Monetary Policy Committee of the Central Bank of Nigeria over its decision to increase the benchmark interest rate by 50 basis points to 18 per cent from 17.5 per cent.
The experts spoke in reaction...
BREAKING: CBN Increases Interest Rate to 18 Percent, Says Nigerian Banks Healthy
The Monetary policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased Monetary Policy Rate (MPR) which measures interest rate to 18 percent from the previous 17.5 percent adopted in January.
This...
