Tag: INTEREST RATE
What could CBN’s interest rate hike mean for markets
...What happens in the markets as investors digest the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) interest rates decision.
WED NOV 27 2024-theGBJournal|...
Central Bank of Nigeria hikes key interest rate again against the...
TUE NOV 26 2024-theGBJournal| The Central Bank of Nigeria today raised its key interest rate as the markets expected, making it sixth consecutive hike...
CPPE slams CBN’s MPC interest rate hike, says decision is detrimental...
...''the latest policy choice of the apex bank is at variance with the mood of most economic players and the desire to promote economic...
Quick Take| Expect 100bps hike in interest rate as Central Bank...
MON MAY 20 2024-theGBJournal|Analysts are projecting a 100 basis points increase in the MPR with other parameters expected remain constant, as the Monetary Policy...
Markets Wrap| NGX All-Share Index down 0.2%, Naira recovers to N1,382.95/US$,...
...MTNN and FBNH down -1.7% and -3.4% respectively
...the NTB secondary market was bullish, as the average yield pared by 1bp to 17.7%.
TUE, MAR 26...
Nigeria’s Central Bank hikes interest rate by 200bps to 24.75%, its...
TUE, MAR 26 2024-theGBJournal| The Central Bank of Nigeria (CBN) raised monetary policy rates (MPR) by 200bps to 24.75% (Previously: 22.75%) at the end...
Bank of Ghana holds interest rate at 29% as inflation decelerates
...The decision follows the 100-basis point cut implemented in January 2024, bringing the rate down from 30%.
MON, MAR 25 2024-theGBJournal| The Bank of Ghana...
Analysis| Ready for your Money Market fund?
...Now that T-bills yields are, in effect, twice what they were in 2023 (on average), we expect subscriptions to Money Market funds to rise...
Analysis| How to deal with high interest rates
...What are the effects of high-interest rates?
...Historically, rises in market interest rates have been accompanied by cries of pain from borrowers, including industry, complaining...
CBN’s Monetary Policy Committee delivers record interest rate hike
...All other parameters were raised except for liquidity rate which it retained at 30.0%.
...The asymmetric corridor is hiked +100bps/-700bps (Previously: +100bps/-300bps) while the CRR...
