monetary policy Archives - Pen Agency News

CBN Increases Interest Rate to 27.25% Amid Hardship

The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) to 27.25%, marking an 8.5% increase since new leadership took over a year ago. This decision came following the...

Naira Experiences Great Loss in Cardoso’s First Year

Naira Depreciation Hits 53.19% The Nigerian naira has lost over half its value in Yemi Cardoso’s first year as Governor of the Central Bank of Nigeria (CBN). According to data from the...

Renaissance Capital Africa Report: Positive Outlook for Nigeria in 2024 Amid Strengthening Currency and Rising Oil Prices

In a recent report released by Renaissance Capital Africa, Nigeria is forecasted to experience a favorable economic landscape in 2024, buoyed by several key factors including a strengthening currency and an upsurge...

M	T	W	T	F	S	S
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30

Tag: monetary policy

CBN Increases Interest Rate to 27.25% Amid Hardship

Naira Experiences Great Loss in Cardoso’s First Year

Renaissance Capital Africa Report: Positive Outlook for Nigeria in 2024 Amid Strengthening Currency and Rising Oil Prices

About Pen Agency News

Get in Touch