interest rate – InfoStride News

CPPE Calls on CBN to Lower Interest Rates to Support SMEs

Temitope Nlewemchi — Wed, 28 Jan 2026 17:00:55 +0000

The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to ease its current monetary stance by lowering policy rates in order to boost access to credit for small and medium-sized enterprises (SMEs). The call comes amid concerns that Nigeria’s tight monetary policies, though aimed at stabilizing the [...]

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CBN Reduces Interest Rate to 27% to Stimulate Growth and Ease Borrowing Costs

Temitope Nlewemchi — Wed, 28 Jan 2026 15:00:59 +0000

The Central Bank of Nigeria (CBN) has announced a reduction in its benchmark interest rate, lowering the Monetary Policy Rate (MPR) to 27 percent. The move marks the first downward adjustment in months and signals the apex bank’s bid to ease credit conditions, stimulate investment, and consolidate gains from falling inflation. The decision was reached [...]

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CBN Retains 27.50% Interest Rate as Inflation Pressures Persist

Temitope Nlewemchi — Mon, 12 Jan 2026 20:05:20 +0000

The Central Bank of Nigeria (CBN) has once again held the benchmark interest rate steady at 27.50%, signaling its continued effort to tackle the country’s high inflation and stabilize the naira. This decision was announced at the conclusion of the Monetary Policy Committee (MPC) meeting held on Monday. The CBN had previously raised the Monetary [...]

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Central Bank of Nigeria Maintains Interest Rate at 27.5%

Temitope Nlewemchi — Tue, 22 Jul 2025 16:41:52 +0000

In its first monetary policy meeting of the year, the Central Bank of Nigeria (CBN) has decided to retain the Monetary Policy Rate (MPR) at 27.5 percent, signaling its ongoing focus on combating stubborn inflation rather than stimulating growth. The decision was met with mixed reactions from economists, businesses, and consumers, as the economy continues [...]

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Will Nigeria go along with Ghana with the increment of its interest rate?

Temitope Nlewemchi — Tue, 23 Nov 2021 22:10:07 +0000

Since 2015, Ghana’s Central Bank raised its benchmark interest rate for the first time, citing “significant” inflation risks as justification. Stakeholders are wondering if Nigeria will follow suit as the nation awaits the Central Bank of Nigeria’s final Monetary Policy Committee (MPC) meeting for this year (2021). According to a statement from the Bank of [...]

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Increased Worries Over Fall In World Stocks For The Second Successive Day

Ade Adewale — Wed, 04 May 2016 20:19:14 +0000

World stocks fell for the second successive day on Wednesday and metals prices declined, pressured by signs of a renewed and prolonged downturn in global growth. In a holiday-shortened week, share prices fell in Asia and Europe. The gloom looked set to carry over to Wall Street, according to index futures <ESc1> <1YMc1>. Lacklustre manufacturing [...]

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