The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has pegged the interest rate at 18 percent, an increase of 50 basis...
The regulatory authorities have increased the benchmark interest rate in Nigeria to 17.5 percent. This is an increase of 100 basis points up from the 16.5...
LAGOS-ABOUT 14 banks may have landed at the receiving end of the Cash Reserve Requirement, CRR, harmonisation policy announced last week by the Monetary Policy Committee,...