Our reporter/ The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent. This was revealed by…
Read More CBN further tightens monetary policy, raises interest rate to 27.25 per cent
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75% amid soaring…
Read More CBN raises interest rate to 26.75%
Our reporter/ Chairman and Chief Executive of the Dangote Group, Aliko Dangote, on Tuesday criticised the latest increment of interest rate to almost 30 per cent by the Central Bank…
Read More Dangote faults CBN’s 26% interest rate
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has hinted that interest rates would remain high until inflation rate is tamed. The apex Bank governor, according to…
Read More Interest rates would stay high until inflation is tamed, says Cardoso
Our reporter/ The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate by 200 basis points to 24.75 percent. CBN governor…
Read More CBN raises interest rate to 24.75 percent
