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Nigeria central bank hikes policy rate
Nigeria’s Token Rate Hike Has Analysts Seeing End to Tightening
The Central Bank of Nigeria’s cautious interest rate hike on Tuesday and optimistic messaging on inflation has some economists predicting its unprecedented two-year tightening cycle is over.
Nigeria central bank hikes policy rate again after inflation uptick
Nigeria's central bank raised its key interest rate for the sixth time this year on Tuesday, citing renewed inflationary and exchange rate pressures in Africa's most populous nation. The decision to raise the Monetary Policy Rate by 25 basis points to 27.
BREAKING: CBN raises Nigeria’s interest rate
The Central Bank of Nigeria’s Monetary Policy Committee has raised the country’s interest rate by 25 basis points to 27.50 percent in November from 27.25 percent in September 2024. The Governor of CBN,
Nigeria Raises Interest Rates Again to Curb Lofty Inflation
The Central Bank of Nigeria raised interest rates for the sixth straight time this year, intensifying its quest to curb surging inflation and support the battered naira.
Nigeria's central bank delivers sixth rate hike this year
Nigeria's central bank raised its benchmark lending rate by 25 basis points to 27.50% on Tuesday, citing renewed inflationary pressures in Africa's most populous nation. The decision by the bank's Monetary Policy Committee is the sixth consecutive rate hike this year.
CBN reacts as Nigerian banks hike customers' charges
The CBN responded to complaints over arbitrary bank charges by advising clients to check the CBN's bank charges handbook to find out legal fee for each transaction.
Daily Post Nigeria
3h
From the Expo to China’s Experience, Nigeria’s Learning Objects for Poverty Alleviation
The China Africa Economic and Trade Expo (Nigeria Station) and China Engineering Technology Exhibition will be held from ...
businessday
1h
World Bank commits $540m to combat gender-based violence in Nigeria
The World Bank has allocated $540 million from its $17 billion portfolio to support Nigeria's efforts in Gender-Based ...
Nairametrics
2h
Dr. Jumoke Oduwole promises actionable solutions to boost Nigeria’s export sector in 2025
The Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has vowed to address exporters' challenges through ...
2d
on MSN
Nigeria growth picks up in third quarter, fuelled by services
Nigeria's economy grew 3.46% year-on-year in the third quarter of 2024, quicker than in the first two quarters of the year, ...
businessday
2h
BusinessDay celebrates excellence at 2024 Nigeria Business Leadership Awards
In a world that celebrates resilience in the face of adversity, few events command as much respect as the Nigeria Business ...
Nairametrics
3h
MTN Nigeria unveils another N50 billion commercial paper issuance following 150% oversubscription of previous offer
MTN Nigeria Communications PLC has announced another round of commercial paper issuances, Series 13 and 14, worth up to N50 ...
2d
on MSN
Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed
Nigeria faces its worst cost-of-living crisis in a generation after the government ended costly subsidies that made petrol ...
AllAfrica.com
17h
Nigeria: Port Harcourt Refinery - Tinubu Is a Jinx Breaker, Says Mayor Akpodoro
He expressed optimism that with the refinery's operation at a capacity of 65,000 barrels per day,
Nigeria
's energy crisis ...
7d
At Least 50 Boko Haram Insurgents Killed in Nigeria After Ambush Convoy
Babawale Afolabi, a spokesperson for the Nigeria Security and Civil Defence Corps, said late Tuesday that a team of 80 ...
businessday
3h
Customs vows to prioritise Nigeria’s export in 2025
Nigeria Customs Service (NCS) has said most of its operations will be automated by 2025 to facilitate trade especially in the ...
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