Legit.ng on MSN12d
Zenith, Access, GTB borrow N34 trillion from CBN as new interest rate emerges
DMBs and commercial banks borrowed an estimated N33.97 trillion from the CBN to handle their day-to-day operations.
Vanguard19d
CBN and Nigeria’s economic challenges
By ARIZE NWOBU Economy is the life wire of a people and it is about the allocation of scarce resources for production, distribution and consumption for the fulfilment of the needs of the people. And ...
Insurancenewsnet.com18d
The CBN Bold Steps Towards Monetary Policy Rate
Alongside the MPR, the committee also maintained ... given the historical volatility of Nigeria's food supply chains. The CBN must consider whether its confidence in government interventions ...
Vanguard26d
CBN retains interest rate at 27.5%
The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, its benchmark interest rate at 27.5%. Governor CBN, Mr Olayemi Cardoso, disclosed this at the end of the Monetary ...
Nairametrics18d
Nigeria’s net domestic credit drops to N99.4 trillion in January 2025 – CBN
Nigeria’s net domestic credit declined to N99.41 trillion in January 2025, reflecting a significant contraction from N115.58 trillion recorded in ...
Daily Post Nigeria26d
CBN retains Nigeria’s interest rate at 27.50% amid inflation drop
The Central Bank of Nigeria Monetary Policy Committee has retained ... at 30 percent and the asymmetric corridor at +500/-100 basis points around the MPR; other monetary policy decisions were ...
Leadership14d
MPC: Ensuring Stability In Exchange Rates, Inflation Control
The first Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) in 2025 provided critical insights ...
The Nation Newspaper8d
Nigeria’s improving GDP, falling inflation fuel surge in foreign investments
the Central Bank of Nigeria (CBN) made a decisive move by raising the Monetary Policy Rate (MPR) by 875 basis points to 27.5 per cent in 2024. This bold step was crucial in containing inflation ...
Nairametrics15d
Credit to private sector declined by N1.07 trillion in January amidst tightened interest rates
Nigeria’s private sector credit recorded a measured decline of N1.07 trillion (1.41%) in January 2025, bringing the total ...
Nigerian Tribune on MSN14d
MPC’s bold pause: Pivoting Nigeria’s economy from stability to growth
These reforms align with Nigeria’s vision of achieving a $1 trillion economy by 2030, creating an enabling environment for private sector-led growth ...
The Punch Newspapers26d
UPDATED: CBN retains 27.5% interest rate
The Monetary Policy Committee of the Central Bank of Nigeria has retained the country ... and thus decided as follows: 1. Retain the MPR at 27.50 per cent. 2. Retain the asymmetric corridor ...
AllAfrica.com19d
Nigeria: The CBN Bold Steps Towards Monetary Policy Rate
Alongside the MPR, the committee also maintained ... given the historical volatility of Nigeria's food supply chains. The CBN must consider whether its confidence in government interventions ...