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Equity market sustains bullish trend amidst CBN-MPC rate hike

Equity market sustains bullish trend amidst CBN-MPC rate hike

CBN Governor attributed the third consecutive hike in bank interest rates in 2024 to continued efforts towards moderating inflation, which reached 33.69% in April 2024, according to the National...

22 May 2024 2:47 PM IST
Breaking: CBN continues aggressive tightening, raises lending rate to 26.25%

Breaking: CBN continues aggressive tightening, raises lending rate to 26.25%

This is the third consecutive tightening of the lending rate, known as the Monetary Policy Rate (MPR) by the MPC under Cardoso.

21 May 2024 7:01 PM IST