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...
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FeaturesSegun Adeyemi, THEWILL -

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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