Banks increase lending rates after CBN's jumbo MPR hike
Nigerian banks have started increasing their lending rates following the record hike in the Monetary Policy Rate (MPR) by the...
- Thursday, July 16, 2026
BusinessDay
Nigerian banks have started increasing their lending rates following the record hike in the Monetary Policy Rate (MPR) by the...
The naira is likely to maintain gains this week, after appreciating for three straight days following the Central Bank of...
The naira was stable at between N1550 and N1580 per US dollar in the black market on Friday after the...
The naira on Thursday appreciated against the dollar for the second straight day since the increase in the Monetary Policy...
.BDCs yet to receive dollar allocation The dollar on Wednesday crashed by 6.45 percent to N1,450 from N1,550 sold...
Naira has recorded a marginal appreciation of 0.39 percent at the official foreign exchange (FX) market, the first gain after...
… BDCs yet to receive dollar allocation The US Dollar on Wednesday crashed by 6.45 percent to N1,450 from N1,550...
In a significant move, the Central Bank of Nigeria (CBN) on Friday proposed a substantial increase in the capital requirements...
The naira gained against the dollar as the Central Bank of Nigeria (CBN) took more measures including delivering a massive...
The Central Bank of Nigeria (CBN) said it has on Tuesday cleared an additional $400 million foreign exchange (FX) backlog...