Central Bank of Nigeria (CBN) has increased the interest rate by 25 basis points to 27.50% to tackle the rising inflation rate, which stood at 33.87% in October 2024.
Browsing: Monetary Policy Committee
Monetary Policy Committee of the Central Bank of Nigeria has again increased the benchmark interest rate by 50 basis points from 26.25 per cent to 26.75 per cent.
By Kabir Abdulsalam The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has expressed optimism that…
Monetary Policy Committee
The Central Bank of Nigeria (CBN) has called on Deposit Money Banks (DMBs) in the country to act fast on the increase of their capital base in order to strengthen the financial system against potential risks.