The Nigerian Business Weekly

The Nigerian Business Weekly

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The Nigerian Business Weekly
The Nigerian Business Weekly
CBN Raises Monetary Policy Rate to 27.25%

CBN Raises Monetary Policy Rate to 27.25%

Sunday 29th September 2024

David Bristol-Alagbariya's avatar
David Bristol-Alagbariya
Sep 29, 2024
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The Nigerian Business Weekly
The Nigerian Business Weekly
CBN Raises Monetary Policy Rate to 27.25%
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I hope you are having an amazing Sunday! Welcome back to the ONLY newsletter that gives readers a weekly recap of the major events in the Nigerian Business World.

On Tuesday, 24th September 2024, the Central Bank of Nigeria increased its benchmark lending rate again, this time to 27.25% from 26.75%.

According to the monetary policy committee (MPC) of the …

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