Tag: Interest rates
Import costs fall as exchange rate strengthens to N1,480/$
The parallel market also reflected the trend, with the naira exchanging between N1,490 and N1,495 this week.
CBN’s aggressive monetary policy tightening and Nigeria’s economic growth
However, with inflation at above 33 per cent, according to National Bureau of Statistics, and interest rate at 26.25 per…
Former president urges banks to lower interest rates for farmers
Former President Olusegun Obasanjo on Monday urged commercial banks to lower their interest rates to enable farmers access loans for…
Rates, currency stability our priorities – CBN Governor
Nigeria’s new central bank governor, Godwin Emefiele on Thursday said bringing down interest rates and keeping a stable exchange rate…