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MONETARY POLICY RATE
The Central Bank of Nigeria (CBN) has provided clarity on its decision to reduce the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27.5% to 27%.
The Manufacturers Association of Nigeria (MAN) has expressed optimism that the recent decision by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) to lower the Monetary Policy Rate (MPR) by 50 basis points will pave the way for deeper cuts in lending rates to support the country’s struggling manufacturing sector.
With inflation remaining a major challenge across African economies, central banks have adopted aggressive monetary tightening measures to stabilize currencies and contain rising prices.
System liquidity in Nigeria’s financial market surged to a historic high of N5.73 trillion on Monday, up sharply from N4.02 trillion recorded last Friday, on the back of the recent policy adjustments by the Central Bank of Nigeria (CBN).
The Central Bank of Nigeria (CBN) has been warned not to rush into relaxing the Monetary Policy Rate (MPR) as the inflation figures currently being reported are still “outliers” and do not provide a stable basis for such a policy shift.
Nigerian businesses are currently battling soaring loan interest rates from commercial banks, ranging between 29% and 36%, adding pressure to an already fragile economy.
Investing in commercial paper (CP) has become one of the most attractive fixed-income options for Nigerian investors in 2025.
Nigeria’s banking sector might be a big beneficiary as inflation decelerates, and markets anticipate a cut in the Monetary Policy Rate (MPR).
The naira ended the week on a slightly weaker note in the parallel market, trading at N1,560/$1 on Friday.
As inflation remains a persistent threat across African economies, several central banks have been forced to adopt aggressive...
Nigeria’s broad money supply (M3) surged to a record N119.11 trillion in April 2025, according to the latest Money and Credit Statistics from the Central Bank of Nigeria (CBN).
The year 2024 was marked by improved profitability for most commercial banks in the country, marked by a steep increase in interest income on the back of high-interest rate environment, as well as gains from repriced FX assets.