Interest Rate

CBN Increases Interest Rate To 26.25%

The Monetary Policy Rate has been increased by 150 basis points to 26.25 percent from 24.75 percent. This was revealed…

4 months ago

Just In: CBN Raises Interest Rate To 13%

The policy-setting committee of the Central Bank of Nigeria (CBN) has voted to raise the monetary policy rate (MPR), which…

2 years ago

CBN Targets $40bn External Reserves, Single Digit Inflation, Reduced Interest Rate in 2018

The Central Bank of Nigeria has said the country’s external reserves, which had faced daunting challenges since the wake of…

7 years ago

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