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Monetary policy: the CBN increases its interest rate to 24.75 percent

28/03/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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At the press conference of the 294th meeting of the Monetary Policy Committee on Tuesday in Abuja, the governor of the Central Bank of Nigeria, Olayemi Cardoso, indicated that the institution had increased its monetary policy rate.

Le taux d' intérêt de la CBN est augmenté de 200 basis points per cent, from 22.75 per cent to 24.75 per cent. According to Olayemi Cardoso, the decision was aimed at ensuring that the rise in the country's inflation rate, which stood at 31.70 percent

in February, was moderate.
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