CBN raises interest rate to 27.25 percentage, and raises the CRR for all money deposit banks to 50 percentage
interest rate
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The Central Bank of Nigeria (CBN) is expected to maintain a tight monetary policy stance in 2024 to curb inflation, which has been soaring to record levels in recent months. …
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Nigeria’s central bank has delayed its monetary policy meeting for the second time in a row, leaving investors in the dark about its plans to tackle inflation and foreign exchange …
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Nigeria’s central bank has postponed a meeting of its monetary policy committee (MPC) for the second time since Governor Olayemi Cardoso was nominated to the post in September, raising concerns …
