CBN Increases Interest Rate to 26.75%
The Central Bank of Nigeria (CBN) has raised the interest rate by 50 basis points, bringing it to 26.75%. This ...
Tag: Cash Reserve Ratio
Top Story: Central Bank Raises MPR by 200 Basis Points to 24.75%
In response to growing concerns over inflation and economic stability, the Monetary Policy Committee (MPC) of the Central Bank convened ...
Breaking: CBN Raises MPR to 227.75% up 400 basis points Amid Economic Uncertainty
The Central Bank of Nigeria (CBN) has announced a substantial increase in the Monetary Policy Rate (MPR) by 400 basis ...
CBN Revises Cash Reserve Ratio for Merchant Banks, Slashing it to 10%
In a move aimed at stimulating economic growth, the Central Bank of Nigeria (CBN) announced on Friday its decision to ...
CBN releases additional FX reforms, relaxes restriction on domiciliary accounts.
The Central Bank of Nigeria (CBN) has introduced new guidelines and policy changes in the Foreign Exchange (FX) market to ...
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