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Breaking: CBN continues aggressive tightening, raises lending rate to 26.25%

Breaking: CBN continues aggressive tightening, raises lending rate to 26.25%

This is the third consecutive tightening of the lending rate, known as the Monetary Policy Rate (MPR) by the MPC under Cardoso.

21 May 2024 7:01 PM IST
Retain 24.75% lending rate, experts advise CBN

Retain 24.75% lending rate, experts advise CBN

Another economist and past president of the Abuja Chamber of Commerce and Industry (ACCI), Dr Chijioke Ekechukwu, also urged the MPC to halt further tightening of the lending rate.

20 May 2024 1:37 PM IST