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Capital

CBN Cuts Interest Rate to 23%, First Reduction Since July Hold

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced a cut in its Monetary Policy Rate (MPR) from 26.5%...

News

Again, CBN Retains Interest Rate at 26.5%

BY NKECHI NAECHE-ESEZOBOR—–Nigeria’s apex bank, the Central Bank of Nigeria retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5...

Money

MPC Reduces MPR by 50bps to 26.50%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Reduce the MPR by 50bps...