The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 18.75 percent to 22.75 percent. READ ALSO: Kunle Afolayan Dance Moves With Daughter Stirs Reactions Local Govt Chairman Sacked For Diverting Palliatives Lagos Announces 24-Hour Total Closure Of Third Mainland Bridge The regulator announced the rate adjustment at a news conference in Abuja on Tuesday, after the monetray policy committee meeting. The rate hike is the first monetary policy decision made by the committee since Olayemi Cardoso assumed…
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