CBN unveils electronic system to enhance transparency in forex market
October 4, 2024
CBN increases interest rate to 26.75% amid soaring Inflation
CBN increases interest rate to 26.75% amid soaring Inflation The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75% amid soaring inflation and skyrocketing food prices. CBN Governor, Olayemi Cardoso, announced this after[Read More…]
