<p>Following Tuesday's MPC meeting, the CBN has raised MPR to 24.75% and retained CRR at 45%</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/cbn-raises-interest-rate-to-record-24-75/">CBN Raises Interest Rate To Record 24.75%</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>
In a bid to curb soaring inflation rates, the Central Bank Monetary Policy Committee has taken decisive action by increasing its key monetary policy rate by 200 basis points (bps) to a new record high of 24.75%.
In its latest announcement, the committee opted to retain the cash reserve ratio at 45% and maintain the liquidity ratio at 30%.
Details to come later
The post CBN Raises Interest Rate To Record 24.75% appeared first on Arise News.
Paris Fashion Week is back with its Menswear Spring/Summer 2025 shows which kicked off on Tuesday, June 18th, 2024 and Afrobeat stars are already making stylish…
Ukraine is running out of Patriot interceptors, its power grid is heading into summer crippled and President Donald Trump is consumed by Iran. But for…
<p>Canada’s known for maple syrup and poutine—but its legendary fast-food scene deserves a spotlight too. With more people choosing to support Canadian products and businesses, these fast-food establishments serve up the comfort, quality, and local flavor that resonate with today’s conscious consumers. Whether you’re exploring a new neighborhood or refueling between showings, these local legends […]</p> <p>The post <a rel="nofollow" href="https://www.zoocasa.com/blog/canadian-fast-food-chains/">11 Iconic Canadian Fast-Food Chains You Should Know About</a> appeared first on <a rel="nofollow" href="https://www.zoocasa.com/blog">Zoocasa Blog</a>.</p>
