Nigeria’s Central Bank Raises Interest Rate to 26.25 %By Abdulateef AhmedMay 21, 2024 The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 percent to 26. 25 per cent. Olayemi Cardoso, CBN’s…
Interest Rates Will Remain High for Now –CBN GovernorBy Toyibat AjoseMay 14, 2024 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said interest rates would remain high until inflation rate comes down. Cardoso stated this…