Tag: Olayemi Cardoso

CBN increases interest rate to 24.75%

CBN increases interest rate to 24.75% The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 22.75 percent to 24.75 percent.   CBN governor, Olayemi Cardoso, made the rate adjustment announcement at a news conference on Tuesday during[Read More…]

CBN Governor, Cardoso to lay out Policy Directions

CBN Governor, Cardoso to lay out Policy Directions   Governor of Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso will this weekend examine the macroeconomic direction and outlook for the Nigerian economy, a major event expected to provide guidance to key decision-makers. Cardoso will address bankers and other public and[Read More…]