BREAKING: CBN Increases Interest Rate From 18.5 To 18.75% - Business - Nairaland
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CBN Raises Interest Rate To 18.75% / CBN Increases Money Supply By 16.3% In June 2023 / CBN Increases Cash Withdrawal Limit To ₦500,000 Weekly (2) (3) (4)
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| BREAKING: CBN Increases Interest Rate From 18.5 To 18.75% by sirgoody: 5:36pm On Jul 25, 2023 |
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 percent to 18.75 percent. Folashodun Shonubi, acting governor of the apex bank, announced the development to journalists on Tuesday after the committee’s meeting at the CBN headquarters in Abuja. Details later... |
| Re: BREAKING: CBN Increases Interest Rate From 18.5 To 18.75% by gaby(m): 5:40pm On Jul 25, 2023 |
Okay. Let's see what this means for the comatose economy. |
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