- CBN raises key interest rate to 26.25% to combat persistent inflation.
- Analysts express mixed reactions, highlighting impacts on investment and economic growth.
Abuja, Nigeria – The Central Bank of Nigeria (CBN) on Tuesday raised its key interest rate from 24.75% by 150 basis points to 26.25%, aiming to curb ongoing inflationary pressures and achieve price stability.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
