•CBN Governor Yemi Cardoso The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent as part of efforts to combat surging inflation. This followed the meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), reports Channels TV. The monetary […]
•The Bank of England The Bank of England today said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions. As widely expected, the BoE trimmed borrowing costs by 25 basis points to 4.75 percent at a regular policy meeting, its second reduction since August, reports AFP. […]
•CBN Governor Yemi Cardoso The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent. This was revealed by the CBN Governor, Olayemi Cardoso after the apex bank’s 297th Monetary Policy Committee meeting held on September 23 and 24 to review recent […]
•Aliko Dangote Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). While addressing the audience during the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria (MAN) at the Banqu...
•CBN Governor Yemi Cardoso Interest rate will top the agenda of next week’s Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting, it was learnt yesterday. The 294th MPC meeting is coming three weeks after the last meeting, because of the need to address critical monetary challenges, especially the rising inflation, reports The...

