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  • Will Nigeria achieve lower interest rate by 2018? - The . . .
    But financial experts predict a possibility of the MPC, led by the Central Bank of Nigeria (CBN), lowering benchmark interest rate from 14 per cent in 2018 when more growths are achieved in key segments of the economy, COLLINS NWEZE reports
  • How Nigeria Can Achieve Single Digit Interest Rate . . .
    For Nigeria to achieve the aim of single digit interest rate, the nation’s commercial banks would have to reduce their expectations and cost structure, economic experts have said
  • Nigeria Interest Rate | 2007-2018 | Data | Chart . . .
    Interest Rate in Nigeria averaged 10 81 percent from 2007 until 2018, reaching an all time high of 14 percent in July of 2016 and a record low of 6 percent in July of 2009 In Nigeria, interest rate decisions are taken by The Central Bank of Nigeria The official interest rate is the Monetary Policy Rate (MPR)
  • UPDATE 1-Nigerias central bank holds benchmark interest . . .
    LAGOS, July 24 (Reuters) - Nigeria’s central bank kept its main interest rate on hold at 14 percent on Tuesday to counter inflationary risk and introduced an initiative aimed at increasing liquidity to businesses, its governor said
  • Nigeria: Govt Urged to Target Double-Digits Growth Rate to . . .
    Nigeria's population growth rate of about 2 7 per cent has completely overtaken its economic growth with the Gross Domestic Product (GDP) figures for the second quarter 2018 showing growth rate of
  • Nigerian economy to achieve moderate growth in 2018 . . .
    A new World Bank report said on Wednesday that the Nigerian economy was projected to grow at a modest one per cent in 2018, against Sub-Saharan Africa’s estimate of 3 2 per cent in 2018 and 3 5 per cent in 2019
  • Call Memo: Flour Mills of Nigeria Plc. full year 2018
    Finance Charges: Management attributed the high finance cost of N32 7 billion to elevated interest rates in the first half of its 2018 financial year (Apr – Sept 2017) However, in the fourth quarter (Jan – Mar 2018), management explained that the company benefitted from currently lower interest rates and has been actively substituting short-term loans and borrowings with commercial papers at prevailing low interest rates, which now accounts for 43% of its short-term loans and borrowings
  • Low interest rate could create inflation crisis - CBN . . .
    The nation faces a delicate balance of maintaining the current interest rate and allowing it to fall over time, while attracting investment funds to build infrastructure or crash rate and face inflation crisis, the Central Bank of Nigeria (CBN) Director in charge of Policy, Mr Moses Tule has said

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