NIGERIA — The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent. The hike in the Monetary Policy Rate was disclosed by the Governor of the CBN, Olayemi Cardoso, at the end of the 296th MPC meeting in Abuja on Tuesday. The MPC had maintained a hawkish stance to tame inflation since it resumed meeting this year and thus far, it has hiked rate by more than 500 points... punchng.com
Pages
Mon May 05 2025 13:32:12 GMT+0000 (Coordinated Universal Time)
• Vaccine stocks fall • Apple faces $162 million fine • BoE plans to raise deposit guarantee, and more - Monday 31/March/2025 Top Business Headlines
• China invites U.S. business leaders • Alibaba to support Nigerian exporters • US farmers express dismay, and more - Wednesday 26/March/2025 Top Business Headlines
• 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
• 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
Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent
Share ☞ Copy Link: 🔗 https://newsblist.blogspot.com/2024/07/central-bank-of-nigeria-has-increased.html
Published (Updated) on Tuesday, July 23, 2024
• Vaccine stocks fall • Apple faces $162 million fine • BoE plans to raise deposit guarantee, and more - Monday 31/March/2025 Top Business Headlines
• China invites U.S. business leaders • Alibaba to support Nigerian exporters • US farmers express dismay, and more - Wednesday 26/March/2025 Top Business Headlines
• 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
• 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
Subscribe to:
Post Comments (Atom)
Share Your Thoughts