CBN raises interest rate to 18% - AMEBO NEWSPAPERS NG.

.com/img/a/

"Feeding the world with authentic news from the source....."

Tuesday, 21 March 2023

demo-image

CBN raises interest rate to 18%


Following its 147th meeting in Abuja, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to increase the interest rate, also known as the Monetary Policy Rate (MPR), from 17.5% to 18%.

This move is intended to curb inflation and strengthen the country’s economy.

Details to follow…

No comments:

Post a Comment

Share

Pages