KPMG: CBN’s Monetary Tightening Not Enough to Tame Inflation by Staff Writer April 8, 2024 0 Finance KPMG, a global audit, tax and advisory services company, has posited that the recent decision by the Central Bank of ... Read more
Breaking: CBN Raises Benchmark MPR by 200 Basis Points to 24.75% by Techeconomy March 26, 2024 0 Finance The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 200 basis points, to a new ... Read more
High Inflation, Interest Rates Pressure Global Financial System by Justice Godfrey Okamgba April 11, 2023 1 Finance High Inflation, Interest Rates Pressure Global Financnail System The International Monetary Fund (IMF) warns that increased inflation and interest rates ... Read more
[BREAKING] CBN Raises Interest Rate from 16.5 to 17.5% by Justice Godfrey Okamgba January 24, 2023 0 Finance To "aggressively" control inflation, the Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR), which measures interest rates, ... Read more
CBN Inflation Rate Benchmark at 9% – How has it Performed? by Yinka Okeowo August 26, 2022 0 Finance Data from the National Bureau of Statistics (NBS) reveals that the last time Nigeria witnessed single-digit inflation was in January ... Read more
Implications of CBN’s New Interest Rate: Manufacturers’ Perspective by Yinka Okeowo July 26, 2022 0 Finance New interest rate will exacerbate the intensity of idle capital assets, worsen the already declining profit margin and heighten the ... Read more
CBN Raises Interest Rate from 13% to 14% by Yinka Okeowo July 19, 2022 0 Finance The CBN's Monetary Policy Committee had previously in May increased the interest rate to 13 percent from 11.5 percent. It was the ... Read more