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It's seems people don't know the rationale for reducing or increasing Interest rate.. you can't reduce interest rate to be lower than the level of inflation.. if not the economy would suffer. They reducing the interest rate to 12.% should be appreciated
Good let all banks ajust interested also
Who he help 🤔
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Good news for us and the country. Did he talked abt the exchange rate going almost on top of the roof?
Still way too high for these times
Sinzu money don dey finish? 😂😂😂😂
Half measures. Take it down to 6% or less.
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Source: Daily Trust - 🏆 13. / 51 Read more »
CBN okays reliefs on loans in OFIs sector - The Nation NigeriaThe Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs) from 9%
Source: TheNationNews - 🏆 6. / 69 Read more »
COVID-19: CBN issues directive to banks, reduces interest ratesThe Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs). The rate has been slashed from 9 to 5 percent per for one year, effective March 1, 2020. This was contained in a circular to banks on Wednesday by the Director of Financial Policy and Regulation
Source: DailyPostNGR - 🏆 11. / 59 Read more »
COVID-19: CBN cuts OFIs loans’ interest rate to 5%The Central Bank of Nigeria (CBN), has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs) from 9% to 5% per annum for one year effective March 1, 2020. Read more: This is good. The cenbank should push down this policy to the commercial Banks too. Imagine how much and how many times I was charged this month alone
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CBN suspends intervention-loan repayment for one yearGod bless CBN There's a massacre in Kaduna There's a massacre in Kaduna There's a massacre in Kaduna There's a massacre in Kaduna There's a massacre in Kaduna!! Copy and paste, let it get to the relevant authorities. I knew from the beginning that this intervention loan is a scam a way of embezzle money. This government are the best corrupt government in the history of Nigeria.
Source: MobilePunch - 🏆 8. / 63 Read more »
COVID-19: CBN cuts interest rate on third-party loans to 5%The Central Bank of Nigeria (CBN), has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs) from 9% to 5% per annum for one year effective March 1, 202… There's a massacre in Kaduna There's a massacre in Kaduna There's a massacre in Kaduna There's a massacre in Kaduna There's a massacre in Kaduna!! Copy and paste, let it get to the relevant authorities.
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