CBN Raises Interest Rate To 14% - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / CBN Raises Interest Rate To 14% (19236 Views)
CBN Raises Interest Rate To 26.25 % Amid Soaring Inflation Levels / CBN Raises Interest Rate To 18.75% / CBN Raises Interest Rate To 15.5% To Curb Rising Inflation (2) (3) (4)
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| CBN Raises Interest Rate To 14% by iwaeda: 3:01pm On Jul 19, 2022 |
The Central Bank of Nigeria, on Tuesday, raised the interest rate to 14 per cent. https://punchng.com/cbn-raises-interest-rate-to-14/ 2 Likes 1 Share
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| Re: CBN Raises Interest Rate To 14% by Kosoco(m): 3:03pm On Jul 19, 2022 |
Everything has increased in Nigeria What's going on 60 Likes |
| Re: CBN Raises Interest Rate To 14% by iwaeda: 3:03pm On Jul 19, 2022 |
By the time APC finished with us   99 Likes |
| Re: CBN Raises Interest Rate To 14% by iwaeda: 3:06pm On Jul 19, 2022 |
Lalasticlala Mynd44 2 Likes 1 Share |
| Re: CBN Raises Interest Rate To 14% by iwaeda: 3:24pm On Jul 19, 2022 |
Honestly APC is damn wicked, jacking up everything, it is well oo 43 Likes |
| Re: CBN Raises Interest Rate To 14% by Uniqueteco(m): 7:54pm On Jul 19, 2022 |
APC is evil 47 Likes 2 Shares |
| Re: CBN Raises Interest Rate To 14% by westfield: 7:55pm On Jul 19, 2022 |
Ok 3 Likes 1 Share |
| Re: CBN Raises Interest Rate To 14% by franugo(m): 7:55pm On Jul 19, 2022 |
Hmm, interest rates for loans will increase again 30 Likes 1 Share |
| Re: CBN Raises Interest Rate To 14% by DLSReigns: 7:55pm On Jul 19, 2022 |
Hmm, this government is really on auto-reverse. Buhari's regime will surely be immortalized in our sub-conscious for the wrong reasons. What a national mistake! 61 Likes 4 Shares |
| Re: CBN Raises Interest Rate To 14% by Skyfornia(m): 7:55pm On Jul 19, 2022 |
These guys are all about take take take take and take.. they are not doing anything for the citizens. Nawaoo Yet people are still supporting this government. 36 Likes 2 Shares |
| Re: CBN Raises Interest Rate To 14% by Nazgul: 7:55pm On Jul 19, 2022 |
Please let's collectively reject APC next year. They have failed Nigerians. 42 Likes 1 Share |
| Re: CBN Raises Interest Rate To 14% by Nobody: 7:55pm On Jul 19, 2022 |
Buhari administration seem not to give a Bleep about Nigerians,by the time he leaves aso-rock, Nigeria might have gone into a permanent coma. 6 Likes |
| Re: CBN Raises Interest Rate To 14% by LongwayGone2021: 7:55pm On Jul 19, 2022 |
Sri Lanka 2.0 loading in Nigeria 16 Likes |
| Re: CBN Raises Interest Rate To 14% by lilfresh96(m): 7:55pm On Jul 19, 2022 |
J |
| Re: CBN Raises Interest Rate To 14% by NaijaCoverBlog(m): 7:55pm On Jul 19, 2022 |
Cha E |
| Re: CBN Raises Interest Rate To 14% by ChiefAfonja: 7:56pm On Jul 19, 2022 |
If not for selfish Tinubu somebody like Buhari wouldn't have had the opportunity to be motor part chairman talkless of presidency 31 Likes |
| Re: CBN Raises Interest Rate To 14% by Rebirth212: 7:56pm On Jul 19, 2022 |
Ok |
| Re: CBN Raises Interest Rate To 14% by ROTTWEILER007: 7:56pm On Jul 19, 2022 |
iwaeda:everything keep rising, my blood pressure has also risen. Money to buy already risen antihypertensive dont want to rose  6 Likes 3 Shares |
| Re: CBN Raises Interest Rate To 14% by ngBuild: 7:56pm On Jul 19, 2022 |
LongwayGone2021: 4 Likes |
| Re: CBN Raises Interest Rate To 14% by TimmyTen(m): 7:57pm On Jul 19, 2022 |
When the wicked are in power, the people suffer. The rate of chronic hunger in many families in Nigeria today with many finding it difficult to buy mere gari to feed their children is testament to Bubu’s desire to finish 9ja kpatakpata. 6 Likes |
| Re: CBN Raises Interest Rate To 14% by lonecatt(m): 7:57pm On Jul 19, 2022 |
Raising interest rate without the enabling environment for small businesses to thrive is not only wicked but evil 19 Likes |
| Re: CBN Raises Interest Rate To 14% by HltSong: 7:57pm On Jul 19, 2022 |
Mumu country. 4 Likes |
| Re: CBN Raises Interest Rate To 14% by Sleyanya1(m): 7:57pm On Jul 19, 2022 |
Tough but interesting times I just wonder how most parents are managing their homes in these times. Almost everything is heading for the sky. We really don't need any Prophet to tell us that Nigeria is gradually deteriorating and we have just 2023 to at least stop her further decline. 9 Likes 2 Shares |
| Re: CBN Raises Interest Rate To 14% by ironheart(m): 7:58pm On Jul 19, 2022 |
Una try 1 Like |
| Re: CBN Raises Interest Rate To 14% by JoshTim: 7:58pm On Jul 19, 2022 |
This is a monetary policy, a contractionary monetary policy for that matter, to reduce the effect of inflation escalated by too much money purchasing few goods orchestrated by easy access to funds via credit shemes. What this means is that CBN has increased it's interest on loans to commercial banks. Basically, commercial banks will water this down to the general banking populace. 13 Likes 1 Share |
| Re: CBN Raises Interest Rate To 14% by dalongjnr: 7:58pm On Jul 19, 2022 |
APC. 2 Likes |
| Re: CBN Raises Interest Rate To 14% by ChrisIntegral(m): 7:58pm On Jul 19, 2022 |
Nawao, to survive in Nigeria no be small thing. APC.. top to bottom  2 Likes |
| Re: CBN Raises Interest Rate To 14% by Tooreda: 7:58pm On Jul 19, 2022 |
What is wrong with Nigeria? Why are the people silent in the face of oppression and repression? 15 Likes 1 Share |
| Re: CBN Raises Interest Rate To 14% by Sonoyom(m): 7:59pm On Jul 19, 2022 |
Economy is in bad shape and these senile individuals are still contracting the economy. 2 Likes |
| Re: CBN Raises Interest Rate To 14% by siofra(f): 7:59pm On Jul 19, 2022 |
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