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Nigeria raises interest rates to 22.75% in first meeting since July
WEBFeb 27, 2024 · Nigeria’s central bank sharply raised interest rates to 22.75 per cent at its first meeting since July as Africa’s most populous country hopes to contain its most severe economic crisis in...
Nigeria’s central bank hikes interest rate to 24.75% as it ... - CNBC
WEBMar 26, 2024 · The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.
Nigeria returns to ‘orthodox policy’, says new central bank …
WEBMay 13, 2024 · Nigeria’s central bank governor indicated interest rates would stay high for as long as necessary to tame inflation, saying the institution had moved decisively to an “orthodox policy”...
Nigeria's central bank Governor Cardoso pledges to clear $7 …
WEBABUJA, Sept 26 (Reuters) - Nigeria's new central bank Governor Olayemi Cardoso said on Tuesday his top priority was to clear the bank's backlog of unsettled foreign exchange obligations to...
Nigeria central bank to intervene in forex market, lifts forex ban …
WEBABUJA, Oct 12 (Reuters) - Nigeria's central bank said on Thursday it plans to intervene in the country's foreign exchange market occasionally to boost liquidity, while ending an eight-year...
:: Central Bank of Nigeria : Decisions of Monetary Policy Meetings
WEBKey Decisions of the Central Bank of Nigeria Monetary Policy Committee July 22-23, 2024. The Committee decided at the 296th meeting of the MPC held on 22nd and 23rd July 2024, to: Raise the MPR by 50 basis points to 26.75 per cent from 26.25 per cent.
Nigeria cenbank to tighten policy to curb inflation, asks banks to ...
WEBNov 25, 2023 · ABUJA, Nov 24 (Reuters) - Nigeria's central bank will tighten policy over the next two quarters to manage inflation while directing banks to boost capital to support an expansion of the...
Nigeria Hikes Rates in First Test of Central Bank’s Autonomy
WEBJul 25, 2023 · Nigeria Hikes Rates in First Test of Central Bank’s Autonomy. President Tinubu has said interest rates should be lowered; Central bank increased rate to record 18.75% from 18.5%
Central Bank of Nigeria (CBN) news and analysis articles - Central …
WEBApr 8, 2024 · Latest Central Bank of Nigeria (CBN) articles on Central Banks Policy, Regulation, Markets & Institutions.