The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points, raising it from 26.75% to 27.25%. This decision was made during the 297th meeting of the Monetary Policy Committee (MPC) in Abuja. Along with the MPR increase, the committee also decided to keep the asymmetric corridor unchanged at … Continue reading CBN Raises Monetary Policy Rate To 27.25%