MPR

CBN hikes MPR for fourth time in a row amid soaring inflation

By Business AM The Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate, or Monetary Policy Rate…

By businessamlive
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CBN cuts interest rate for first time in 14 months

The Monetary Policy Committee of the Central Bank of Nigeria has reduced the Monetary Policy Rate, also known as main…

Nigeria’s inflation projected to increase 30bps to 11.53% In September

Year-on-year headline inflation is expected to increase by 30bps to 11.53 percent in the month of September, according to analysts…

Secured credit to households to increase in Q4 2018, says CBN report

“The overall availability of credit to the corporate sector increased in Q3 2018 and was expected to increase in the…

MPC: Analysts call no rate change on capital flows volatility downsides

Analysts at Afri Invest Research have made a no rate change call as the monetary policy committee (MPC) meets this…

Central bank urged to cut MPR, eradicate multiple exchange rates

Aminu Gwadabe, the President of Association of Bureau d’Change Operators of Nigeria (ABCON), has advised the CBN to reduce its…

Nigeria’s top lenders score high on return on equity in sub-Saharan Africa

Despite a pervading rise in non-performing loans and thinning interest margins, Nigeria’s top lenders are doing relatively well more than…

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