The Monetary Policy Committee (MPC), on Tuesday announced another increase in the country’s Monetary Policy Rate (MPR), known as the baseline interest rate, to 26.75 per cent from 26.25 per cent.
The MPC also adjusted the Asymmetric Corridor to +500/-100 basis points from +100/-300 basis points around the MPR.
Mr Yemi Cardoso, the Governor of CBN made this known on Tuesday in Abuja, while presenting the communiqué from the 296th meeting of the MPC.
Details later.
The Economic and Financial Crimes Commission (EFCC) has declared former Minister of Humanitarian Affairs and Social Development, Sadiya Umar Farouq,...
One of the leading governorship aspirants of the All Progressives Congress in Adamawa State, Salihu Bakari Girei, has warned the...
The Founder of Zion Flames Prophetic and Intercessory Ministry, Apostle Momo Promise, has called on the South African government to...
Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us
