Breaking NewsBusiness

CBN hikes lending to 18.75 percent

With Inflationary pressure still impacting on the the economy, Monetary Policy Committe (MPC) on Tuesday  members voted for hike in Monetary Policy Rate (MPR) by 25 basis  point to18.75 per cent to rein   inflation.

Acting CBN Governor, Folashodun Adebisi Shonubi who chaired the MPC confirmed the decision.

Details later

What's your reaction?

Leave Comment