Featured FinanceMPC to sustain monetary tightening, increases interest rateOur Reporter July 20, 2022July 20, 2022 by Our Reporter July 20, 2022July 20, 20220283 The Monetary Policy Committee (MPC), yesterday, increased the benchmark interest rate by 100 basis points (bps), from 13 to 14 per cent, confirming its determination
Featured FinanceCBN increases interest rate to 13.5%Our Reporter May 24, 2022May 24, 2022 by Our Reporter May 24, 2022May 24, 20220346 The Central Bank of Nigeria (CBN) has increased interest rate to 13.5 per cent for the first time in two and half years. Addressing the