Olayemi Cardoso

The Central Bank of Nigeria (CBN) has lifted the suspension on banks borrowing from its Standing Lending Facility (SLF) and set the lending rate at 31.75 percent, following decisions made at the 296th Monetary Policy Committee…

The Central Bank of Nigeria (CBN), has announced the immediate increase of interest rate from 22.75% to 24.75%. The new raise amounts to 200 basis points. The new increase is an outcome of the Monetary Policy Committee…