CBN raises interest rate by 400 basis points to 22.75% Archives - Freedom Online ...express yourself Tue, 27 Feb 2024 20:33:12 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.5 https://freedomonline.com.ng/wp-content/uploads/2015/08/cropped-icon-32x32.png CBN raises interest rate by 400 basis points to 22.75% Archives - Freedom Online 32 32 CBN raises interest rate by 400 basis points to 22.75% https://freedomonline.com.ng/cbn-raises-interest-rate-by-400-basis-points-to-22-75/ https://freedomonline.com.ng/cbn-raises-interest-rate-by-400-basis-points-to-22-75/#respond Tue, 27 Feb 2024 20:33:12 +0000 https://freedomonline.com.ng/?p=219898 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, increased the Monetary Policy Rate (MPR) by 400 basis points to 22.75 per cent from 18.75 per cent. The CBN Governor, Yemi Cardoso, who chairs the MPC , announced the committee’s decisions on Tuesday after the meeting. Cardoso said that the […]

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