Currency Outside Banks Decline by N104bn After CBN Lowers February Baseline Interest Rate
By George OPARA The total physical cash, bank deposits, and highly liquid short-term investments outside Nigeria’s banking system has declined ...
Tag: Interest Rate
CBN Retains Interest Rate at 27%
The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN) has retained the country’s headline lending rate known ...
Interest Rate Cut Sparks Gain for Naira, Rise in Oil Prices
By Ada Samson , Abuja A surprise interest rate cut by the Central Bank of Nigeria (CBN) has triggered positive ...
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