JUST-IN: Inflation Rises Marginally To 22.41% Despite Fuel Subsidy Removal
Despite the recent increase in the Monetary Policy Rate (MPR) to 18.5 per cent by the Central Bank of Nigeria…
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Browsing Tag
monetary policy rate
Stanbic IBTC’s Non-Performing Loan Portfolio Hits N25bn
Stanbic IBTC Holding Plc has been hit by a surge in Non-Performing Loans, which has risen by N5bn in the first six…
Ahead Of Election Spending, CBN Raises Interest Rate To 13%
The Central Bank has raised the Monetary Policy Rate ( MPR) to 13 per cent, in a bid to mop up liquidity ahead of…
Covid-19: Presidency Responds To Q2 Report, Says Economy Still Not As Bad As…
The Presidency said on Wednesday that in spite of contracting by -6.10 per cent in the 2nd Quarter of 2020 in GDP…
CBN: Banks To Continue Lending To Customers At 13.5%
The Central Bank of Nigeria (CBN) has voted to leave the Monetary Policy Rate (MPR) at 13.5% while other variables…
CBN MPC Retains Interest Rate At 14%
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, retained the monetary policy…
MPC: Experts Predict Retention Of Monetary Policy Rates Despite Rising Inflation
Some economic experts have said that the Monetary Policy Committee (MPC) will retain the current monetary policy…
Tax Defaulters To Pay Heavy Fine – FG
The Federal Government has approved a new interest rate spread on unpaid taxes, which will see tax defaulters pay…
From Cutting Down Trees To Security Clampdown, How Buhari Aims To Tackle Nigeria’s…
The Nigerian government is at its wits end on how to tackle the forex crisis that has dogged the government for…