Tag: CBN Interest Rate

CBN Raises Interest Rate to 27.5% to Tackle Inflation, Stabilise Economy

by Joan Aimuengheuwa

November 26, 2024

CBN Raises Interest Rate to 27.5% to Tackle Inflation, Stabilise Economy

News

…could impact borrowers, leading to an uptick in loan defaults and non-performing loans for banks

CBN Increases Interest Rate to 27.25% in Continued Battle Against Inflation

by Joan Aimuengheuwa

September 24, 2024

CBN Issues Alert on Fraudulent ‘Swift’ Messages

Fintech

The Monetary Policy Rate (MPR) was increased by 50 basis points

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