interest rate Archives - Voice Air Media

0 Minutes

Business

CBN cuts interest rate — lowest since May 2024

VAM News February 24, 2026

THE monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate (MPR) from 27 percent to 26.5 percent. Olayemi Cardoso, CBN’s governor, announced the rate adjustment at...

1 Minute

National

CBN reduces interest rate for first time in 2025

Tijani Mariam September 23, 2025

News Update THE Monetary Policy Committee of the Central Bank of Nigeria has reduced the country’s interest rate to 27.00 per cent for the first time in 2025. The Governor of CBN, Olayemi Cardoso,...

1 Minute

National

CBN Gives Order On Interest Rate

VAM News May 20, 2025

News Update THE Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rate (MPR) unchanged at 27.5%. This announcement was made by the CBN Governor, Olayemi Cardoso, following the 300th meeting...

1 Minute

Local News

CBN Hikes Interest Rate, Cites Inflation

VAM News November 26, 2024 0 Comment

News Update THE Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent as part of efforts to combating surging inflation. This followed the...

1 Minute

Business

CBN tops up interest rate to 24.75%

VAM News March 26, 2024 0 Comment

VOICE AIR MEDIA, News Update The Central Bank of Nigeria has raised the monetary policy rate, known as the interest rate, by 200 basis points per cent to 24.75 per cent from 22.75 per...

1 Minute

National

CBN hikes interest rate to 18.75%

Bright Olorungbotemi July 25, 2023 0 Comment

VAM News Update THE policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 percent to 18.75 percent. Last week, Nigeria’s inflation...

1 Minute

Business

CBN jerks up key interest rate

VAM News May 25, 2023 0 Comment

VOICE AIR MEDIA News Update THE Central Bank of Nigeria (CBN) policy-setting committee has raised the monetary policy rate (MPR), which measures interest rate, from 18 percent to 18.5 percent. Recall that the MPC...

1 Minute

Business

CBN Hikes Interest Rate To 18%

VAM News March 21, 2023 0 Comment

VOICE AIR MEDIA News Update THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to increase the benchmark interest rate by 50 basis points, bringing it to 18.00 per...

1 Minute

National

BREAKING: Panic as CBN gas up Interest Rate

VAM News January 24, 2023 0 Comment

VOICE AIR MEDIA NEWS UPDATE THE Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 100 basis points to 17.5 per cent. The CBN Governor,...

4 Minutes

Business Economy

Nigerians face harder times as CBN increases interest rate for 3rd consecutive time

VAM News September 28, 2022 0 Comment

The Monetary Policy Committee, MPC, of the CBN increased Monetary Policy Rate, MPR, from 14 per cent to 15.5 per cent on Tuesday to tame inflation. The committee had increased the MPR by a...