Analysts believe the central bank may decide to cut the policy rate by 50 basis points (bps) in its upcoming meeting scheduled for Wednesday - the first MPC meeting of the fiscal year 2025–26.

No fewer than 11 commercial banks exceeded the Central Bank of Nigeria’s (CBN) five per cent regulatory limit for non-performing loans (NPLs) in April 2025.

Nigeria's Central Bank maintains Monetary Policy Rate amid inflation concerns. Experts debate the impact on businesses and economic growth.

Eight banks have surpassed the recapitalisation figures by the Central Bank of Nigeria (CBN), with one successfully mobilising funds ...

Joshua Rozynski appeals 24-year sentence for Daniel Eagle’s murder A murderer who was jailed for 24 years after he gunned down a family rival following a car chase through Geelong’s northern ...

Nigeria's Monetary Policy Committee has unanimously decided to leave the Monetary policy rate unchanged at 27.5 per cent alongside other key parameters. The Governor of the Central Bank, Olayemi ...

Nigeria’s Monetary Policy Committee is likely to hold the Monetary Policy Rate at 27.5 per cent though a small rate cut is unlikely to spook foreign portfolio investors. That’s the stance of ...

See latest naira to dollar exchange rate as CBN MPC member predicts new rate Dollar value has dropped in Black markets Photo credit: Bloomberg/contributor Source: Getty Images ...

This comes after the apex MPC consecutively retained interest at 27.50 percent in February and May. Recall that Bismark Rewane had predicted a 25 basis point interest rate cut in July’s MPC meeting.

Nigerian manufacturers and business owners express hope for an interest rate cut at the current MPC meeting. Will the CBN heed their call amidst declining inflation?

The monetary policy is expected to be announced next week. The State Bank of Pakistan (SBP) has already slashed interest rates by half from their peak to 11 percent. Yet, monetary transmission ...

The Monetary Policy Committee (MPC) will meet on July 21-22 in Abuja for its 301st meeting. Stakeholders have expressed divergent views on the likely decision of the MPC team. While some expressed ...