The Central Bank of Nigeria (CBN), has again raised interest rate from 18 percent to 18.5 percent.
Godwin Emefiele, governor of the apex bank, announced the decision on Wednesday after the policy-setting committee meeting at the CBN headquarters in Abuja.
The development is the third consecutive time the apex bank will be raising the monetary policy rate (MPR) which measures the interest rate.
More to follow…
To produce, curate, and disseminate quality, timely and true contents that stretch the knowledge and intelligence of our visitors, and at the same satisfy their curiosity with balanced, fair, and objective news stories and analyses.
To be the most readily available platform for information seekers and Nigeria’s most veritable meeting place for advertisers and their publics.
44, Shobowale street, Ogba Industrial Area, Lagos
+234 811 181 3114 / +234 805 110 0460
Contact us: mail.airwavesreport@gmail.com
