The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MRP) by 50 basis points – from 26.25 per cent to 26.75 per cent. Governor of the Central Bank, Olayemi Cardoso, said the continuous hike in rates was based on Nigeria’s persistent hike in food and core … Continue reading CBN Hikes Monetary Policy Rate To 26.75% Amid Persistent Inflation Concerns