Tag: Governor Olayemi Cardoso

UPDATE : CBN Raises Interest Rate To 26.25%

To combat growing inflation, the Central Bank of Nigeria's Monetary Policy Committee hiked interest rates by 150 basis points, to 26.25 per cent from 24.75 per cent in March.  …

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Naira appreciates further to N1382 per dollar as presidency warns speculators

The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market. This came as Presidency warned currency speculators to…

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