PwC: The Central Bank of Nigeria (CBN) may maintain a hawkish monetary stance this year with “elevated interest rate” to ...

An expert told Legit.ng that this sum represents the percentage of deposits that banks must keep with the CBN, unable to earn ...

CBN’s MPC retained the rate at the committee’s 299th meeting in Abuja. CBN Governor, Olayemi Cardoso, announced the decision during a press briefing on Thursday, stating that all parameters ...

Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have identified investment in food storage facilities, development of policies to tackle supply-side constraints ...

The CBN Monetary Policy Committee voted to increase the Monetary Policy Rate six consecutive times in 2024, making an 875-basis point increase in MPR from 18.75 per cent in January 2024.

a member of CBN’s Monetary Policy Committee, Mustapha Akinkunmi, has said. In Nigeria, the Monetary Policy Rate is the interest rate set by the Central Bank of Nigeria that serves as a benchmark ...

As the Monetary Policy Committee (MPC) members of the CBN voted to hike interest rate to 27.50 per cent in 2024, average maximum lending rate rose to 29.71per cent in December 2024 from 26.62 per cent ...