The Central Bank of Nigeria (CBN) has today raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. After the 2-day meeting of the bank’s Monetary Policy Committee (MPC), they agreed to increase the Monetary Policy Rate(MPR) for the third consecutive time to […]
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has today increased the benchmark interest rate by 200 basis points making it 24.75 percent. This was disclosed by the CBN governor, Yemi Cardoso in a communique after the second MPC meeting of his tenure in the federal […]
The Senate has today confirmed the appointment of members of the Monetary Policy Committee of the Central Bank of Nigeria (CBN) as nominated by the President. The confirmation of the 12 members came after a report of the Committee On Banking, Insurance and other Financial Institutions of the CBN was […]
