The Central Bank of Nigeria (CBN) is contemplating a downward review of the lending rate as a buffer against the current economic austerity occasioned by the...
A study conducted by Investmentfrontier.com showed that four of the six countries with the world’s highest interest rates are in sub-Saharan Africa with Nigeria having...
The CBN has kept the Monetary Policy Rate, at 14% for the 16th consecutive month despite the negative effects it has on consumer and business loans and has...
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate at 14 percent. The apex bank also...
The Central Bank of Nigeria (CBN) may change its monetary policy stance next year from the current tightening position to an easing stand that will see...
The chairman of Sona Industries Limited, one of the foremost indigenous manufacturers of Fast Moving Consumer Goods (FMCG). Mr. Arjan Mirchandani, has said that the key...
As Nigeria continues the execution of economic recovery plans, the current interest rate has raised a lot of eyebrows as Former President, Olusegun Obasanjo has said...
With Nigeria recovering from recession, the first in the past 25 years, the Monetary Policy Committee of the CBN, which begins its two-day meeting today is...
High interest rate on loans obtained from banks has been described as being inimical to business development in the country if not checked by the authority,...
By Odunewu Segun Despite repeated calls by the Manufacturer Association of Nigeria, MAN, and other stakeholders in key sector of the economy to the Central Bank...
