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BREAKING: CBN increases interest rate by 150 basis points to 26.25%
![BREAKING: CBN increases interest rate by 150 basis points to 26.25% 1 BREAKING](https://www.thetimes.com.ng/wp-content/uploads/2024/05/BREAKING.png)
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate by 150 basis points to 26.25% from 24.75%.
The post BREAKING: CBN increases interest rate by 150 basis points to 26.25% appeared first on Nairametrics.