We Increased Interest Rate To 27.25% To Reduce Excess Money In Circulation, Control Inflation – Cardoso
“Our decision to raise the Monetary Policy Rate (MPR) to 27.25% was a bold move. Higher interest rates, while painful ...
Tag: INFLATION
BREAKING: CBN Raises Interest Rate To 26.75% Amid Soaring Inflation
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 ...
FG Suspends Taxes On Food Products To Tackle Inflation
As part of measures to combat rising food inflation in Nigeria, the federal government has approved a 150-day duty-free importation ...
CBN Raises Interest Rate To 26.25% To Fight Inflation
The Central Bank of Nigeria (CBN) on Tuesday raised its benchmark interest rate by 150 basis points to 26.25 per ...
BREAKING: Food Crisis Worsens As Inflation Rises To 33.69% In Nigeria
The National Bureau of Statistics (NBS) on Wednesday said the inflation rate increased to 33.69% in April 2024 from 33.20% ...
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