Interest rate

Business

Cardoso explains CBN’s next move after keeping rates unchanged at 26.5%

Segun Adeyemi, THEWILL -
The Central Bank of Nigeria retained its benchmark interest rate at 26.5%, signalling that the battle against inflation is not yet over despite signs of easing price pressures. Governor Olayemi Cardoso said the MPC remains focused on preserving...
Business

UPDATED: CBN Retains 27.50% Interest Rate

Felix Ifijeh, THEWILL -
July 22, (THEWILL) — The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 27.50 percent, marking its third consecutive hold in 2025. This decision was announced by the CBN Governor, Olayemi...
Business

BREAKING: CBN Raises Interest Rate To 17.5%

Aina Ojonugwa, THEWILL -
January 24, (THEWILL) - The Central Bank of Nigeria (CBN) on Tuesday, raised its benchmark interest rate by 100 basis points to 17.5%, citing fears of a further rise in inflation. CBN Governor, Godwin Emefiele, announced this...
- Advertisement -spot_img

Latest News

BusinessOgochukwu Onwaeze, THEWILL -

Nigeria’s Farm Import Bill Drops 8.5 Percent to N2.03tn in Six Months

Nigeria’s agricultural imports fell by 8.5 percent year-on-year to N2.03 trillion in the first half of 2026, despite a sharp increase in import activity during the second quarter.
- Advertisement -spot_img