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CBN Raises Interest Rate To 14% - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Raises Interest Rate To 14% (18545 Views)

CBN Raises Interest Rate To 18.75% / CBN Raises Interest Rate To 16.5% / CBN Raises Interest Rate To 15.5% To Curb Rising Inflation (2) (3) (4)

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Re: CBN Raises Interest Rate To 14% by NwaNimo1(m): 7:59pm On Jul 19, 2022
CBN or FED?

[img]https://giffiles./216/216489.gif[/img]

3 Likes

Re: CBN Raises Interest Rate To 14% by sirfemoz(m): 7:59pm On Jul 19, 2022
Wahala
Re: CBN Raises Interest Rate To 14% by Miyachi: 7:59pm On Jul 19, 2022
Lol. I laugh in inflation.

2 Likes 2 Shares

Re: CBN Raises Interest Rate To 14% by dalongjnr: 7:59pm On Jul 19, 2022
Apc

2 Likes

Re: CBN Raises Interest Rate To 14% by ALLNIGERIANSMAD(m): 8:00pm On Jul 19, 2022
APC supporters not inclusive, they enjoy 1% rate

3 Likes

Re: CBN Raises Interest Rate To 14% by Timekeeper452: 8:02pm On Jul 19, 2022
This idiot wanted to be president at some point. Worst CBN governor ever.

1 Like

Re: CBN Raises Interest Rate To 14% by Randy111(m): 8:04pm On Jul 19, 2022
Chijeep:
This is one of many ways Tinubu will milk the leftover of Nigeria dry...
IF TINUBU BECOMES THE PRESIDENT WE'LL PAY TAX TILL OUR HEAD GEAR KNOCKS grin
IF you drink bottle water you go pay tax for drinking and you go still pay tax for throwing away the bottle

SAY NO TO TINUBU THE DRUG BARON AND TAX COLLECTOR

Bro don't worry about tifnubu. He goes no where. We told him Edo no be Lagos and with that mantra Edo was rescued from their grip. Osun no be Lagos and osun was rescued. We are telling him naija no be Lagos. Naija must be rescued and it starts now. And finally we will tell him Lagos no be Lagos. And Lagos will be rescued from him. Tinubu is falling like London bridge

4 Likes

Re: CBN Raises Interest Rate To 14% by Nobody: 8:04pm On Jul 19, 2022
franugo:
Hmm, interest rates for loans will increase again



Definitely! They should kuku kill us make we die sad
Re: CBN Raises Interest Rate To 14% by holluwizzy: 8:06pm On Jul 19, 2022
The people that are taking from the take take take take ....
Meanwhile na urgent 2k Dem dey give them ooo.


Skyfornia:
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.
Re: CBN Raises Interest Rate To 14% by AKWATGOLD1(m): 8:06pm On Jul 19, 2022
This CBN governor is a big idiot to say that increase interest rate is to tame inflation.

2 Likes

Re: CBN Raises Interest Rate To 14% by Aldol: 8:07pm On Jul 19, 2022
What was the interest rate before?
Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:08pm On Jul 19, 2022
inflation simply means too much money is flowing in an economy...

too much money flowing in an economy where there are less things to buy means that money losses value and the things to be bought increase in price
in order to cushion this central banks all over the world raise interest rate in order to discourage People from borrowing money to be circulated into an economy that already has an excess of it..

but Trust Nairalanders..they have no single clue of how economies works hence they are wailing even in things that glaring to understand

13 Likes

Re: CBN Raises Interest Rate To 14% by sammyuche(m): 8:08pm On Jul 19, 2022
You'll never see those disgusting zombies on this thread

1 Like

Re: CBN Raises Interest Rate To 14% by Vanzcharles(m): 8:09pm On Jul 19, 2022
Nawa o, so many ignorant people. Interest rate increase helps to curb inflation. I am not pro buhari but I understand forex to a point and its advantage to the country's economy.

1 Like

Re: CBN Raises Interest Rate To 14% by Theoarhics: 8:09pm On Jul 19, 2022
Finally
Re: CBN Raises Interest Rate To 14% by Vanzcharles(m): 8:09pm On Jul 19, 2022
AKWATGOLD1:
This CBN governor is a big idiot to say that increase interest rate is to tame inflation.

Stop disgracing yourself.

2 Likes

Re: CBN Raises Interest Rate To 14% by Zico5(m): 8:11pm On Jul 19, 2022
This man is not competent at all for the exalted position he occupied. Thank God he is from South east. I wonder what his brother will say if he comes from South west. He will surely sink this country together with his wanderer president
Re: CBN Raises Interest Rate To 14% by decent2(m): 8:11pm On Jul 19, 2022
Chijeep:
This is one of many ways Tinubu will milk the leftover of Nigeria dry...
IF TINUBU BECOMES THE PRESIDENT WE'LL PAY TAX TILL OUR HEAD GEAR KNOCKS grin
IF you drink bottle water you go pay tax for drinking and you go still pay tax for throwing away the bottle

SAY NO TO TINUBU THE DRUG BARON AND TAX COLLECTOR
na true na thieftinubu

1 Like

Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:12pm On Jul 19, 2022
sammyuche:
You'll never see those disgusting zombies on this thread

inflation simply means too much money is flowing in an economy...

too much money flowing in an economy where there are less things to buy means that money losses value and the things to be bought increase in price
in order to cushion this central banks all over the world raise interest rate in order to discourage People from borrowing money to be circulated into an economy that already has an excess of it..

but Trust Nairalanders..they have no single clue of how economies works hence they are wailing even in things that glaring to understand

1 Like

Re: CBN Raises Interest Rate To 14% by Slynation(m): 8:13pm On Jul 19, 2022
Our leaders always learning new methods of enforcing and inflicting hardship on the masses...Once they have adapted to the new suffering level, they kindly raise the suffering bars
Re: CBN Raises Interest Rate To 14% by jimetagambo: 8:13pm On Jul 19, 2022
grin grin grin

So the banks would raise their rates to above 14%. 20% and above perhaps.

2 Likes

Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:13pm On Jul 19, 2022
Vanzcharles:
Nawa o, so many ignorant people. Interest rate increase helps to curb inflation. I am not pro buhari but I understand forex to a point and its advantage to the country's economy.

Thank You...I dont know the kind of schools some people went to..if the ones with Ph.Ds dont know basic economics..
Re: CBN Raises Interest Rate To 14% by dfrost: 8:14pm On Jul 19, 2022
Vanzcharles:


Stop disgracing yourself.

You don't need to waste your time educating an average Nigerian. Learning and staying humble are not virtues they desire.
Re: CBN Raises Interest Rate To 14% by just2endowed: 8:14pm On Jul 19, 2022
Cognitivereason:


inflation simply means too much money is flowing in an economy...

too much money flowing in an economy where there are less things to buy means that money losses value and the things to be bought increase in price
in order to cushion this central banks all over the world raise interest rate in order to discourage People from borrowing money to be circulated into an economy that already has an excess of it..

but Trust Nairalanders..they have no single clue of how economies works hence they are wailing even in things that glaring to understand

Hope interest rate on savings and tb rate will increase because the 3% is too minimal
Re: CBN Raises Interest Rate To 14% by Vanzcharles(m): 8:15pm On Jul 19, 2022
Cognitivereason:


inflation simply means too much money is flowing in an economy...

too much money flowing in an economy where there are less things to buy means that money losses value and the things to be bought increase in price
in order to cushion this central banks all over the world raise interest rate in order to discourage People from borrowing money to be circulated into an economy that already has an excess of it..

but Trust Nairalanders..they have no single clue of how economies works hence they are wailing even in things that glaring to understand
I swear so many economical/financial illiterates.

A country often issues monetary policy impacting national interest rates to achieve specific economic goals. Whether the country is attempting to promote job creation or stem inflation, the country is intentionally manipulating the monetary supply, availability of credit, and cost to borrow money.

2 Likes

Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:15pm On Jul 19, 2022
Zico5:
This man is not competent at all for the exalted position he occupied. Thank God he is from South east. I wonder what his brother will say if he comes from South west. He will surely sink this country together with his wanderer president

abeg go and tear all ur school certificate if u have any..u dont deserve it..

inflation simply means too much money is flowing in an economy...

too much money flowing in an economy where there are less things to buy means that money losses value and the things to be bought increase in price
in order to cushion this central banks all over the world raise interest rate in order to discourage People from borrowing money to be circulated into an economy that already has an excess of it..

but Trust Nairalanders..they have no single clue of how economies works hence they are wailing even in things that glaring to undertsand
Re: CBN Raises Interest Rate To 14% by Trilz(m): 8:15pm On Jul 19, 2022
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Re: CBN Raises Interest Rate To 14% by Cognitivereason: 8:15pm On Jul 19, 2022
AKWATGOLD1:
This CBN governor is a big idiot to say that increase interest rate is to tame inflation.

na u be olodo

inflation simply means too much money is flowing in an economy...

too much money flowing in an economy where there are less things to buy means that money losses value and the things to be bought increase in price
in order to cushion this central banks all over the world raise interest rate in order to discourage People from borrowing money to be circulated into an economy that already has an excess of it..

but Trust Nairalanders..they have no single clue of how economies works hence they are wailing even in things that glaring to undertsand
Re: CBN Raises Interest Rate To 14% by Vanzcharles(m): 8:16pm On Jul 19, 2022
dfrost:


You don't need to waste your time educating an average Nigerian. Learning and staying humble is not virtues they desire.

Omo the mata tire me.

3 Likes

Re: CBN Raises Interest Rate To 14% by Fmghewzy(m): 8:17pm On Jul 19, 2022
dfrost:


You don't need to waste your time educating an average Nigerian. Learning and staying humble is not virtues they desire.

Honestly I am embarrassed , seeing some senseless comments.
If you don't know about something ,keep your mouth shut.

But they always want to form know it all,see them disgracing themselves.
Re: CBN Raises Interest Rate To 14% by Nobody: 8:19pm On Jul 19, 2022
Read this link to see that mods here cover evil and promote immorality, ethnicity and bigotry. Tell me why such thread has not been taken to the front page despite all the mentions?



https://www.nairaland.com/6746136/food-concepts-chicken-republic-wants#105682360
Re: CBN Raises Interest Rate To 14% by easiest(m): 8:20pm On Jul 19, 2022
Thank God this man loss at the presidential primary imagine if he is elected as the president of this country dollar would would have N10,000/$ . First clueless governor of central bank of Nigeria

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