• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 1, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

JUST-IN: CBN Raises Interest Rate To 16.5%  

by Mark Itsibor
3 years ago
in Business
CBN
Share on WhatsAppShare on FacebookShare on XTelegram

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which is the official interest rate, by yet another 100 basis point to hit 16.5 per cent from 15.5 per cent around other parameters.

Advertisement

The Monetary Policy Committee (MPC) of the apex Bank announced the decision on Tuesday at the end of its bi-monthly meeting in Abuja.

CBN governor, Godwin Emefiele, who chaired the meeting, said MPC took the decision to moderately tighten the rates to ensure the gains of the past tightening were not eroded by a listening or holding of the rates.

11 members of the committee attended the meeting. While 10 members voted to increase the MPR by 100 basis point, one member voted for a reduction.

Details Later…

RELATED

Land Dispute: Awka Businessman Slams N20m Lawsuit Against Police

Again, Herdsmen Attack Udei, Kill 4 Police Officers

1 hour ago
Deploying AI Will Not Cause Job Loss In Nigeria – Expert

Expert Introduces Lightweight AI-based System For Early Aviation Failure Detection

23 hours ago

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: CBNInterest rate
SendShareTweetShare
Previous Post

FG Releases Fund For School Feeding Programme In Katsina

Next Post

Qatar 2022: England Thrash Iran, Holland Beat Senegal

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

Land Dispute: Awka Businessman Slams N20m Lawsuit Against Police
Business

Again, Herdsmen Attack Udei, Kill 4 Police Officers

2025/07/01
Deploying AI Will Not Cause Job Loss In Nigeria – Expert
Business

Expert Introduces Lightweight AI-based System For Early Aviation Failure Detection

2025/06/30
FirstBank Customers Get N93m In ‘Win Big Promo’
Business

FirstBank Launches Facial Recognition On Mobile App

2025/06/30
Group To Drive Africa’s Tech-led Industrial Revolution, Offers Tips To Unlock $450bn Intra-African Trade
Business

Group To Drive Africa’s Tech-led Industrial Revolution, Offers Tips To Unlock $450bn Intra-African Trade

2025/06/30
Oilserv Targets December Completion Of 303km As AKK Pipeline Crosses River Niger
Business

Oilserv Targets December Completion Of 303km As AKK Pipeline Crosses River Niger

2025/06/30
Council Targets Accelerated Sugar Project Devt In 2025
Business

Poor Backward Integration Programme Performance To Cost Sugar Firms Import Quotas

2025/06/30
Leadership Conference advertisement

LATEST

Lawyers, Civil Rights Group Launch Week 2 Of Protest Over Probe Of NMDPRA Boss

Shinkafi Debunks N34bn Loan Claim

E-Visa System Processes Over 14,000 Applications In 6 Weeks – Minister

Ogunrotimi To Keynote 10th Anniversary Of African Icon Awards

Northern Elders Mourn Dantata, Hail His Legacy

MOSIEND Hails Fubara–Wike Truce

NCDMB Hands Over Oloibiri Museum Site To Julius Berger

SDP Urges Caution In Dealing With Suspended Members

FG To Eliminate River Blindness In 5 Years

Reps Give Rivers Administrator 48hrs To Provide N1.48trn Budget Details

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.