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CBN raises interest rate to 24.75%

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The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 200 basis points to 24.75 per cent. The MPR was raised...

Egypt raises interest rate by 600 bps as currency falls

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The Central Bank of Egypt has increased the interest rate by 600 basis points to allow the exchange rate to be set by market...

Obaseki: Interest rate increase won’t support economic growth

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Edo State Governor, Godwin Obaseki, has condemned the decision of the Central Bank of Nigeria (CBN) to increase the Monetary Policy Rate (MPR), also...

Obi: Interest rate increase’ll worsen economic hardship, job losses

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The former governor of Anambra State, Peter Obi, says the increase of the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN)...

CBN raises interest rate to 22.75%

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The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 400 basis points from 18.75 per cent to 22.75 per...

CBN raises interest rate to 18.75%

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The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5% to 18.75%. The acting CBN Governor,...

Breaking: CBN raises interest rate to 18.5%

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 18 per cent to 18.5...

CBN raises interest rate to 18%

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18 per cent from...

CBN raises interest rate to 17.5%

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the country’s Monetary Policy Rate (MPR) by 100 basis points...

Rising inflation: CBN raises interest rate to 14%

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The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 13 percent to 14 per cent. The...
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