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
A financial expert, Uche Uwaleke, says it is an “overkill’’ to increase the country’s Monetary Policy Rate (MPR) to 22.75 per cent from 18.75 per cent. Mr Uwaleke, a professor…
Read More CBN increasing MPR by 400 basis points is overkill; will hurt banks, real sector, experts warn
