CBN raises interest rate

CBN raises interest rate to 27.50% …C0NTINUE READING HERE >>> The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 27.25 percent to 27.50 percent. This announcement was made by the CBN Governor, Mr. Olayemi Cardoso, at the conclusion of the Monetary Policy Committee (MPC) meeting held in Abuja this afternoon. … Read more

CBN raises interest rate to 27.25 per cent …C0NTINUE READING HERE >>> The Central Bank of Nigeria’s Monetary Policy Committee has decided to raise the benchmark interest rate, or monetary policy rate (MPR), to 27.25 percent. An economy’s basic interest rate is known as the monetary policy rate. The MPR is the foundation for all … Read more