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Nigeria's central bank surprises with a rate hike to 27.25%
Nigeria's central bank surprised the market by raising its benchmark lending rate to 27.25% from 26.75% on Tuesday, with governor Olayemi Cardoso adding that the decision of the monetary policy committee (MPC) was unanimous.
Nigeria CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira
Discover the economic implications of Nigeria’s interest rate hike to 27.25%, including inflation control, naira stability, and challenges for businesses. Understand how this monetary policy impacts borrowing costs,
Nigeria’s central bank raises interest rate to 27.25% amid inflation concerns
Nigeria’s central bank surprised the market on Tuesday by raising its benchmark lending rate by 50 basis points to 27.25%. This is the fifth rate hike of the year and reflects the bank’s ongoing battle against inflationary pressures,
Nigeria's central bank surprises with fifth rate hike this year
Nigeria's central bank surprised the market by raising its benchmark lending rate to 27.25% from 26.75% on Tuesday, with governor Olayemi Cardoso adding that the decision of the monetary policy committee (MPC) was unanimous.
BREAKING: In fifth consecutive hike, CBN raises Nigeria’s interest rate to 27.25%
The Central Bank of Nigeria, CBN, Monetary Policy Committee, MPC, has raised the interest rate by 50 basis points to 27.25 percent, the fifth hike since February 2024. CBN Governor Olayemi Cardoso disclosed this during a press briefing at the end of 297th MPC in Abuja on Tuesday.
7h
on MSN
Analysis-Shadow of Abenomics clouds BOJ's rate hike path
Political uncertainty and the surprise prominence of a reflationist-minded candidate in Japan's ruling party leadership race ...
14h
Duke Energy wants a rate hike. Here's what that means for your wallet.
Duke Energy plans to raise electric service rates by nearly 6.5% over three years. Duke requested the proposed rate hikes in ...
montanafreepress
14h
Four things to know about NorthWestern Energy’s newest rate hike request
NorthWestern’s filing suggests that the Laurel gas plant will soften the blow of the $164 million increase in electricity ...
8h
Japan's leadership race clouds BOJ's rate hike path
Political uncertainty and the surprise prominence of a reflationist-minded candidate in Japan's ruling party leadership race ...
1d
As Black Hills Energy considers rate hike, Pueblo City Council votes in favor of study into municipal-owned utility company
PUEBLO, Colo. (KKTV) - Pueblo is one step closer to severing ties with Black Hills Energy. City Council voted 5-2 Monday in ...
The Nation Newspaper
12h
NACCIMA, experts: rate hike may harm production
Chief Executive Officer of the Centre for Promotion of Private Enterprises (CPPE), Dr Muda Yusuf, said the
rate
hike
was detrimental to investment and economic growth. “It is quite troubling that ...
tbsnews
1d
Fourth policy rate hike this year takes it to 9.50%
The new rate will come into effect from 25 September, the central bank said in a circular issued today (24 September) ...
koaa
8h
'That's way too high,' Seasonal electric and natural gas utility rate hike approved, residents upset
That's way too high,' Seasonal electric and natural gas rate increase approved for Colorado Springs Utilities, residents ...
kfdm
1d
Port Arthur considers rate hike while budgeting, water utilities dept. operating in red
Port Arthur City Council is facing some tough decisions, trying to reach a balanced budget for next year without imposing ...
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