NIGERIA — The Central Bank of Nigeria, CBN has raised the interest rate to 24.75 percent. The new interest rate is a jump from the 22.75 percent announced by MPC about a month ago. News Agencies
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Mon Apr 14 2025 16:38:30 GMT+0000 (Coordinated Universal Time)
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• Central Bank of Nigeria has further raised its interest rate to 27.25 percent from 26.75 percent
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CBN has raised the interest rate to 24.75 percent. The new interest rate is a jump from the 22.75 percent
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Published (Updated) on Tuesday, March 26, 2024
• Copper price hits $10,000 • Nigerian Naira becoming the most unpredictable currency • Trump imposes sanctions on China, and more - Monday 24/March/2025 Top Business Headlines
• Bank of England holds interest rates unchanged at 4.5 percent on Thursday
• Naira Exchange Rate - Conversion of United States Dollar (USD) and British Pound Sterling (GBP) to Nigerian Naira (NGN) at CBN Rates - Nigeria Currency Converter Calculator
• Central Bank of Nigeria has further raised its interest rate to 27.25 percent from 26.75 percent
• CBN begins the enforcement of cybercrime levy at 0.005 percent on all electronic transactions
• CBN directs all PoS providers to route transactions through an approved payment terminal
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