Browsing Tag
Interest rate
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CBN Raises Interest Rate to 26.25% Amid Soaring Inflation Levels
In response to escalating inflation, the Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) for the third consecutive time, increasing it by 150 basis points from 24.75% to 26.25%.
This decision was made during … Continue Reading
21 May 2024