News
Breaking: CBN Hikes Lending Rate By 150 Points To 26.25 Percent To Reign Inflation
To consolidate on gains derived from previous tightenings , Central Bank on Tuesday, raised the lending rate by 150 basis points.
The fresh hike by the Monetary Policy Committee( MPC )raised the lending rate to 26.25 percent from the March figure of 24.75 percent.
The measure endorsed by all twelve members of MPC, according to CBN governor Mr Olayemi Cardoso will tame inflationary pressure.
Details later
-
News4 days ago
My Life Is Under Serious Threat, Foremost Osun Philanthropist Cries Out
-
Opinion5 days ago
Let There Be Vision For Our Community, Ile Ife, By Rotimi Makinde
-
News2 days ago
Five Offa Robbery Suspects Sentenced To Death
-
News19 hours ago
UNIOSUN Introduces HND To B.Sc. Top-Up Programme As VC Warns Against Indiscipline