Former Governor of Central Bank of Nigeria, Godwin Emefiele
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 14%.
The Chairman of the committee and Governor of CBN, Godwin Emefiele, disclosed this on Tuesday during a post-MPC briefing in Lagos.
The interest rate, which was pegged at 11.5% for over two years, was raised to 13% in May to tackle rising inflation, according to Emefiele.
Independence Bridge repairs: Sanwo-Olu urges Lagos residents to work remotely Babajide Sanwo-Olu, the governor of Lagos, said…
Chinese man found with fake diplomatic number plate in Lagos The Lagos State Police Command has taken a…
Akpabio to sue Natasha for alleged assassination attempt Senate President Godswill Akpabio has said he will…
Oyo PDP chieftain Adeojo dies, Makinde mourns Oyo State Governor, Seyi Makinde, has expressed deep sorrow…
Bayelsa govt gets court order to stop pro-Wike rally A High Court in Yenagoa, Bayelsa State, has…
Petitioners mobilise constituents for fresh Natasha’s recall Following the Independent National Electoral Commission’s (INEC) dismissal of…
