Interest Rates On SME loans’ll Hit 9% — CBN   Interest rates on loans to the Small and Medium Enterprises to cushion the effects of the coronavirus on their operations introduced by the Central Bank of Nigeria will rise to nine per cent from five per...

Businesses Seek 50% Cut In Interest Rates – LCCI     The Lagos Chamber of Commerce and Industry has said 54 per cent of business owners in the country want commercial banks to reduce their interest rates by at least 50 per cent. The LCCI said the business...

T-bills: Investors Groan As Interest Rates Plunge   Investors have registered their displeasure over the consistent decline in the interest rates of Treasury bills. The T-bills market has seen a consistent decline of interest rates over the past three months. The rates, which crashed from the double digit...

Interest Rates On Treasury Bills’ Crash To Single Digits   The interest rates on treasury bills have crashed further, closing in the single digit region at the end of the Primary Market Auction on Wednesday. The CBN had offered N4.38bn on the 91-day tenor, N12.92bn on the...

Private Sector Funding For Refineries Hampered By Interest Rates, Others   Interest rates on pre-funding loan and commercial pricing for Direct Sale-Direct Purchase of crude between the Nigerian National Petroleum Corporation and international oil companies, among few other concerns, are issues that stalled the provision of...

DMO Explains Treasury Bill Auctions, Interest Rates The Debt Management Office (DMO) has said that recent media reports on the auction of Nigerian Treasury Bills (NTB) were laced with errors and capable of misleading the public and has decided to offer explanation on how Auctions...