The Monetary Policy Committee of the Central Bank of Nigeria has raised the country’s interest rate by 25 basis points to 27.50 per cent in November from 27.25 per cent in September 2024.
The Central Bank of Nigeria (CBN) yesterday raised the benchmark interest rate, th e Monetary Policy Rate, MPR, to 27.50 per cent from 27.25 per cent. The CBN Governor, Mr. Olayemi Cardoso ...
This is the sixth time the CBN has raised the interest rate since February 2024. The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, disclosed this at the end of the Monetary Policy ...