Credit Card Interest Rates: What You Need To Know
Banks will generally calculate the interest to charge on your credit card balances based on the annual percentage rate (APR) ...
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Adverse effects of high-interest rate spreads on the Nigerian economy
CBN monetary policy decisions, such as setting the Monetary Policy Rate (MPR) influences the interest rate spread. A higher MPR in the process of taming inflation invariably leads to higher lending ...
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Why CBN may hold benchmark interest rate – Cardoso
The Central Bank of Nigeria (CBN) has confirmed that the 299th meeting of its Monetary Policy Committee (MPC), initially scheduled ...
MPR News3d
U.S. inflation worsened last month as the cost of groceries and gasoline head higher
Bond yields rose, a sign traders expect inflation and interest rates to remain high. MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public ...
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...
TheCable5d
CBN reschedules MPC meeting to February 19
The Central Bank of Nigeria (CBN) has rescheduled the 299th monetary policy committee (MPC) meeting slated to hold on ...
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Access, Zenith, UBA, Other Banks Deposit N9.39 Trillion With CBN in January
Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...
Bank of Canada rate cuts, Amazon at odds with Ottawa, and ‘debanking’: Business and investing stories for Feb. 2
Bank of Canada rate cuts, Amazon at odds with Ottawa, and ‘debanking’: Business and investing stories for Feb. 2 Governor of ...