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