Godwin Emefiele, CBN Governor
Top Story

CBN Committee Votes to Keep Benchmark Rates at 13.5%

721


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  Buhari sends fighter jets to Zamfara to help repel bandits attack

Leave a comment

Related Articles

18 Pregnant women Rescued from Lagos Baby Factory, Newborns Sold for N1m

In a targeted overnight raid between Wednesday and Thursday, the Nigeria Security...

Breaking: Tinubu Assents to ₦68.3trn 2026 Appropriation Bill, Approves 2025 Budget Extension

In a move to drive national development, President Tinubu has approved the...

Mass Flight Suspensions Loom as 266% Surge in Fuel Costs Cripples Airlines

Airline Operators of Nigeria (AON) has issued a stark warning that domestic...

DSS to Arraign Ex-AGF Malami on Terrorism Charges on May 26

The Federal High Court in Abuja has scheduled May 26 for the...