CBN Raise Monetary Policy Rate From 27.25 To 27.50
Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate to 27.50 per cent from 27.25 per cent as part of efforts to combat surging inflation. The CBN governor, Yemi Cardoso, announced this at the end of its last Monetary Policy Committee meeting in Abuja, making it the sixth rate hike this year. Cardoso […]
