Interest Rate

CBN continues monetary policy tightening, raises interest rate

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CBN approves $20,000 for eligible BDCs at N1,580 exchange rate

CBN continues monetary policy tightening, raises interest rate …C0NTINUE READING HERE >>> The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further raised interest rate by 25 basis points to 27.50 per cent from 27.25 per cent. The Governor of the CBN and Chairman of the MPC, Yemi Cardoso, announced the … Read more

Yemi Cardoso-Led CBN Raises Interest Rate To 27.25 Percent

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Yemi Cardoso-Led CBN Raises Interest Rate To 27.25 Percent

Yemi Cardoso-Led CBN Raises Interest Rate To 27.25 Percent …C0NTINUE READING HERE >>> Yemi Cardoso-led CBN has raised the interest rate to 27.25 percent. Newsone Nigeria reports that the Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted to increase the monetary policy rate, which measures the benchmark interest rate, to 27.25 percent. This … Read more