Investors react to interest rate tightening as NGX loses N209bn …C0NTINUE READING HERE >>> The Nigerian stock market recorded a loss of N209 billion in market capitalisation on Wednesday, as investors reacted negatively to the Central Bank of Nigeria’s (CBN) recent interest rate hike. The Monetary Policy Committee (MPC) of the CBN raised the Monetary … Read more
CBN continues monetary policy tightening, raises interest rate …C0NTINUE READING HERE >>> The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further raised interest rate by 25 basis points to 27.50 per cent from 27.25 per cent. The Governor of the CBN and Chairman of the MPC, Yemi Cardoso, announced the … Read more
Yemi Cardoso-Led CBN Raises Interest Rate To 27.25 Percent …C0NTINUE READING HERE >>> Yemi Cardoso-led CBN has raised the interest rate to 27.25 percent. Newsone Nigeria reports that the Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted to increase the monetary policy rate, which measures the benchmark interest rate, to 27.25 percent. This … Read more