CBN Cuts Interest Rate to 26.5% as Digital Lenders Prepare Gradual Adjustments
This follows a decline in inflation, which has fallen for 11 consecutive months to 15.1% in January, according to CBN ...
This follows a decline in inflation, which has fallen for 11 consecutive months to 15.1% in January, according to CBN ...
The Central Bank of Nigeria (CBN) has maintained its benchmark interest rate at 27.5% to curb inflation and sustain price ...
…could impact borrowers, leading to an uptick in loan defaults and non-performing loans for banks
The Monetary Policy Rate (MPR) was increased by 50 basis points