BREAKING: CBN RAISES MPR BY 400 BASIS POINT TO 22.75%

Read Time:12 Second

The Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75%.

The apex bank also increased the Cash Reserve Ratio to 45%

This is a breaking news story more to follow….

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

100 %

The Divisional Police Officer (DPO) of Alausa, CSP Abaniwonda Tokunbo, was reportedly attacked recently by suspected armed robbers at the...

The Federal Government has approved an increase of between 25% and 35% in salary Increase for Civil Servants on...

- AT LEAST FIVE PERSONS FEARED DEAD A fatal accident has occurred in the Ketu-Mile 12 area of Lagos...

The Central Bank of Nigeria (CBN) has stopped mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and...

Former Super Eagles media officer Toyin Ibitoye has stated that he expects the Nigeria Football Federation (NFF) to place newly-appointed...

The Lagos State Government has charged Corps Members serving in the State on ethical conduct and selfless service. The Permanent...