![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2024/02/image-422.png?fit=294%2C171&ssl=1)
Breaking news: Again, CBN raises MPR by 50 basis points
Featured
THE Monetary Policy Committee (MPC), on Tuesday announced another increase in the country’s Monetary Policy Rate (MPR), known as the baseline interest rate, to 26.75 per cent from 26.25 per cent.
The MPC also adjusted the Asymmetric Corridor to +500/-100 basis points from +100/-300 basis points around the MPR.
Mr Yemi Cardoso, the Governor of CBN made this known on Tuesday in Abuja, while presenting the communiqué from the 296th meeting of the MPC.
23rd July, 2024.
C.E.
Related Posts
![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2024/09/img_1725557682633.jpg?fit=866%2C1298&ssl=1)
Edo decides: X-raying 3 frontrunners in Edo Gubernatorial race
By Christabel Ejenike THE countdown to the Edo governorship election has just started with 17 candidates from 17 political parties...
Read More![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2024/01/image-355.png?fit=300%2C168&ssl=1)
INEC urges media to accredit before deadline for Edo Guber
IN preparation for the 2024 Edo Gubernatorial election that is to hold on 21st September, the Independent Electoral Commission has...
Read More![](https://i0.wp.com/realnewsmagazine.net/wp-content/uploads/2024/09/images-67.jpeg?fit=650%2C350&ssl=1)
Fuel price increase: Govt fires back at NLC
By Anthony Isibor THE Presidency has refuted the allegations made by the Nigeria Labour Congress (NLC) that President Bola Tinubu...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.