On Tuesday, July 25, the Central Bank of Nigeria (CBN) in its fourth Monetary Policy Meeting for 2023 increased the Monetary Policy Rate (MPR) from 18.5 percent to 18.75 percent. The Monetary Policy Committee (MPC) of the CBN retained the Cash Reserve Ratio (CRR) at 32.5 percent and the Liquidity Ratio (LR) at 30 percent. The … Continue reading CBN Raises Interest Rate To 18.75 Per Cent