Tag: Lending Rate
MPC meeting: Experts advise CBN to retain 24.75% lending rate
Some financial and economic experts have advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to…
Zimbabwe jacks up interest rate to world record 80%
The Reserve Bank said its monetary policy committee was concerned with an escalation in annual inflation, which reached 72.7% in…
Uganda holds key lending rate at 9%
Uganda central bank held its key lending rate at 9.0 per cent on Monday, citing robust economic growth for its…
Kenya Central Bank holds main lending rate at 9.5 per cent
Kenya’s central bank held its benchmark lending rate at 9.5 per cent on Monday, saying the impact of the previous…
Zambia’s central bank cuts lending rate
Zambia’s Central Bank has cut its benchmark lending rate by 50 basis points to 9.75 per cent on Wednesday, citing…
Nigerian overnight lending rate rises on cash squeeze
Nigeria's overnight interbank lending rate climbed to 16 percent on Friday from about 13 percent at the end of last…
Nigerian interbank lending rate down as liquidity rises
Nigeria’s interbank lending rates fell 75 basis points to an average of 6.50 per cent on Friday from 8.25 per…