CBN Increases Interest Rate To 26.5 Percent
The Central Bank of Nigeria (CBN) has has increased the Monetary Policy Rate by 150 basis points to 26.25 Per cent from 24.75 percent. The CBN Governor, Yemi Cardoso announced … Read More
Tag: Olayemi Michael Cardoso
CBN Governor, Cardoso Faces More Hurdles As Inflation Rises
October marked the tenth consecutive month that Nigerian inflation has increased, rising pressure on the recently appointed governor of the central bank to raise interest rates during the first meeting … Read More
Tinubu Names New CBN Governor, Picks el-Rufai’s Ally As Deputy
President Bola Tinubu has nominated Dr. Olayemi Michael Cardoso as the new Central Bank Governor. Cardozo, a former Lagos State Commissioner will serve a term of five (5) years subject … Read More