Godwin Emefiele, CBN Governor
Top Story

CBN Committee Votes to Keep Benchmark Rates at 13.5%

696


Ruth Olurounbi
The central bank of Nigeria unanimously voted to retain benchmark rates at 13.5% amid inflationary pressures.

 

The bank based its decision on downward trend of Nigeria’s inflation and decided to watch it to go down further, CBN governor Godwin Emefiele told reporters in Abuja, the nation’s capital, on Tuesday.

 

 

EDITOR’S NOTE

This is a developing story and would be updated

Author

See also  Just in: PDP suspends National Chairman Ayu

Leave a comment

Related Articles

Sultan Declares Friday, March 20 Eid-el-Fitr as Shawwal Moon is Not Sighted

The Sultan of Sokoto, Muhammadu Sa’ad Abubakar, has officially announced that the...

A New Era of Diplomacy: Tinubu and King Charles Meet for First UK State Visit Since 1989

President Bola Tinubu has commenced a landmark state visit to the United...

Breaking: Shocker ! Senegal Loses AFCON Trophy to Morocco in Unprecedented CAF Ruling

In a stunning reversal, the CAF Appeal Board has officially stripped Senegal...

Nigeria Nets £746m UK Finance Deal to Transform Apapa, Tin Can into Global Port Hubs

The Federal Government has secured a groundbreaking £746 million financing pact with...