Monday, September 29, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Finance | Insurance | Pension

Just in… CBN Raises Interest Rates to 24.75 Percent

Chris AGABI by Chris AGABI
March 26, 2024
in Finance | Insurance | Pension, Top News
Reading Time: 1 min read
0
As the naira continues to slide at the parallel market, what options for CBN?
Share on FacebookShare on Twitter

Willing investors in Nigeria will now gain more returns on their investments as the Central Bank of Nigeria (CBN) has raised the benchmark interest rate again by 200 basis points to 24.75 Percent,

This shows that the CBN has raised interest by 600 basis points in two months.

Related posts

Nigeria Calls For  Urgent Global Action To Halt Production Fissle Material

Nigeria Calls For  Urgent Global Action To Halt Production Fissle Material

September 26, 2025
CBN Gov. Reiterates Commitment to Deepen Financial Stability, Rebuild Trust

CBN Reduces Benchmark Interest Rate by 50 Basis Points

September 24, 2025

Recall the CBN had in the February 2024 MPC meeting raised the MPR by 400 basis points to 22.75 from 18.75 percent that 2023 closed with.

Briefing journalists after the end of March 2024, the CBN said the decision is to further reign in on rising inflation and incentivize savings and foreign portfolio investors.

The meeting was the second one of the MPC in 2024 and the 294th meeting of the MPC.

The CBN retained liquidity ratio of 13 percent.

Previous Post

Naira to trade at N1,269/$1 as CBN resumes sale of forex to BDCs

Next Post

Corruption: EFCC Recovers N7.8M for BIPC

Next Post
Gov Alia Appoints Asemekaha BIPC MD

Corruption: EFCC Recovers N7.8M for BIPC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Focus on winning – Amaechi advises Rivers APC

3 years ago
Leadway Assurance Pays N67 Billion Claims in 2023

Leadway Highlights Road Safety, Accountability, and Financial Protection as Benefits of Mandatory Insurance Policy

7 months ago
Leadway Health HMO Reinforces Industry Leadership with Third Straight HMO of the Year Award

Leadway Health HMO Reinforces Industry Leadership with Third Straight HMO of the Year Award

3 months ago

Wsdom College of Excellence (WICE) Iwopin participates in National Monitoring of Afforestation and Climate change adaptation programme

5 months ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • Troops Rescue Two Immigration Officers From Kidnappers In Ukum, Benue State 
  • NYSC DG Call For Tailored Sector – Specific Training By PSIN
  • Nigeria’s Economy at a Crossroads: Rising Debts, Eased MPR, and Cost to Citizens

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

Troops Rescue Two Immigration Officers From Kidnappers In Ukum, Benue State 

Troops Rescue Two Immigration Officers From Kidnappers In Ukum, Benue State 

September 27, 2025
NYSC DG Call For Tailored Sector – Specific Training By PSIN

NYSC DG Call For Tailored Sector – Specific Training By PSIN

September 27, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion