CBN increases interest rate to 27.25 per cent

CBN increases interest rate to 27.25 per cent …C0NTINUE READING HERE >>>

The Monetary Policy Committee of the Central Bank of Nigeria has decided to increase the benchmark interest rate to 27.25 percent.

The monetary policy rate is the fundamental interest rate in an economy.

The MPR serves as the foundation for all other interest rates in an economy.

The Monetary Policy Committee of the Central Bank of Nigeria has resolved to increase the benchmark interest rate, also referred to as the monetary policy rate (MPR), to 27.25 percent.

The monetary…

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