The Central Bank of Nigeria (CBN) has now increased the minimum interest rate payable on savings deposits from 0.15% to 4.2%
The Central Bank of Nigeria has increased interest rates intervention loans to 9% per annum to ease the nation's record high inflation rate.
Since its low in June, the S&P has seen a bump of 18%, while the NASDAQ has risen roughly 20%
The Monetary Policy Committee led by the Central Bank of Nigeria raised the interest rate by 100 basis points to 14% on Tuesday.
The Central Bank of Nigeria (CBN) on Tuesday raised the interest rate by another 100 basis points from 13% to 14% to curb the nation's rising...
The U.S. Federal Reserve has raised interest rates by another 75 basis points following a 25 basis points increase in March to curtail the rising inflation...
San Francisco Federal Reserve Bank President Mary Daly has released statements that the Fed should aim to get interest rates up to 2.5% as quickly as...
The Central Bank of Nigeria (CBN) led Monetary Policy Committee on Tuesday unanimously agreed to raise interest rates by 150 basis points from 11.5% to 13%...
The U.S. Federal Reserve on Wednesday raises interest rates by 25 basis points, against the widely expected 50 basis points
Rising prices forced the CBN led monetary policy committee to maintain current rates.