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CPPE raises concern over CBN’s MPR hike to 27.50%

CPPE raises concern over CBN’s MPR hike to 27.50%

The MPC of the CBN, during its 298th meeting, further raised the country’s interest rate to 27.50 per cent from 27.25 per cent.

27 Nov 2024 4:25 PM IST
Continuous increasing of MPR will not grow Nigeria’s economy – ex-CBN director

Continuous increasing of MPR will not grow Nigeria’s economy – ex-CBN director

MPR is a short-term, often overnight rate that banks charge one another to borrow funds.

27 March 2024 3:07 PM IST