Amid Economic Hardship, CBN Raises Interest Rate To Curb Inflation

Name: Amid Economic Hardship, CBN Raises Interest Rate To Curb Inflation
Uploaded: 2026-10-28T17:39:47.000Z
Duration: 17 min 2 s
Description: In a decisive move to curb inflation and stabilise the economy, the Central Bank of Nigeria (CBN) has dramatically increased the monetary policy rate (MPR) by 400 basis points, setting it at an unprecedented 22.75%.

Plus TV

In a decisive move to curb inflation and stabilise the economy, the Central Bank of Nigeria (CBN) has dramatically increased the monetary policy rate (MPR) by 400 basis points, setting it at an unprecedented 22.75%.

More on demand Visit Plus TV Watch OneTV