CBN May Increase Interest Rate This Year - Report
A new report has said likely stronger dollar demand will convince the Central Bank of Nigeria of the need to tighten monetary conditions as with the trend across global central banks to manage foreign exchange reserve...
Investors Dump Equities Amid Anxieties Over CBN’s Rate Call
Nigerian equities closed at the weekend with a net loss of N604 billion as anxieties over the likely decisions of the Central Bank of Nigeria (CBN) on benchmark interest rate and other monetary policy tools fuelled...
CBN Restructures Loans, Grants Another 12-month Extension
The Central Bank of Nigeria has given another 12-month extension on the discounted interest rate for its intervention facilities.
It said that the role-over of the moratorium on the facilities would be considered on a case by case basis
It...
One Million Borrowers Got Loans Below 20% Interest Rate - CBN Deputy Gov
The Deputy Governor, Financial Systems Stability Director, Central Bank of Nigeria, Mrs Aisha Ahmad, has said that over one million customers who borrowed money from the Deposit Money Banks got the loans...
MPC: Experts Expect No Rise In Interest Rate
Financial experts have said they expect the lending rate to either be retained or reduced at the end of the meeting of the Monetary Policy Committee of the Central Bank of Nigeria on Tuesday.
The members of the...
Farmers Seek 3% Interest Rate For Poultry Investors
Poultry Association of Nigeria (PAN) has urged the Federal Government to encourage private sector investments in agriculture by pegging interest rate on borrowing at a maximum of three per cent.
The association also urged the government to allow...
