CBN Raises Interest Rate by 50 Basis Points to 26.75%: An Analysis of Economic Implications
CBN Raises Interest Rate by 50 Basis Points to 26.75%: An Analysis of Economic Implications On July 23, 2024, the Central Bank of Nigeria (CBN) announced a significant change in its monetary policy by raising the Monetary Policy Rate (MPR) by 50 basis points, increasing it from 26.25% to 26.75%. This decision was made … Continue reading CBN Raises Interest Rate by 50 Basis Points to 26.75%: An Analysis of Economic Implications
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