Banks Slash Lending, Cut N5.4trn Across Key Sectors
Deposit Money Banks (DMBs) slashed lending to oil and gas, information and communication technology (ICT) and six other key sectors ...
Tag: Interest rate
JUST IN: CBN Cuts Interest Rate to 26.50%
The Central Bank of Nigeria has reduced its benchmark interest rate by 50 basis points, lowering it from 27 percent ...
CBN Cuts Interest Rate by 50 Basis Points
By Kadiri Abdulrahman The Monetary Policy Committee (MPC) of the CBN on Tuesday reduced Nigeria’s baseline interest rate known as ...
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