CBN Increases Interest Rate to 26.75%
The Central Bank of Nigeria (CBN) has raised the interest rate by 50 basis points, bringing it to 26.75%. This ...
Tag: Liquidity Ratio
Top Story: Central Bank Raises MPR by 200 Basis Points to 24.75%
In response to growing concerns over inflation and economic stability, the Monetary Policy Committee (MPC) of the Central Bank convened ...
Breaking: CBN Raises MPR to 227.75% up 400 basis points Amid Economic Uncertainty
The Central Bank of Nigeria (CBN) has announced a substantial increase in the Monetary Policy Rate (MPR) by 400 basis ...
Banks Non-Performing Loans hits N1.5 Trillion, Central Bank Reports
Banks in Nigeria have been actively writing off debts and debiting accounts of non-cooperative debtors from other banks, in a ...
GTCO, FBN, FCMB, and Fidelity Bank Non Performing Loan Hits N413 Billion in H1 2023.
Nigeria's banking sector, Guaranty Trust Bank Holding Plc (GTCO), FBN Holdings Plc, FCMB Group Plc, and Fidelity Bank Plc have ...
Rising Borrowing Costs and Declining Growth in Nigerian Banking Industry.
The Central Bank of Nigeria (CBN) has reported a continued increase in borrowing costs and a decline in growth within ...
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