Abdulmajidkhs
Well-known member
THE CBN MAY RAISE INTEREST RATES TO 15%
Within the following six months, the Central Bank of Nigeria (CBN) may raise the benchmark interest rate by up to 200 basis points to 15%.
In its second-half macroeconomic prognosis for Nigeria, Vetiva Capital Management Limited predicted that the CBN will raise the Monetary Policy Rate (MPR), which is now at 13%, by 100 to 200 basis points to between 14% and 15% in the second half of this year.
Vetiva analysts stated that their monetary prediction was based on “past historical examination of rate rises throughout the present CBN Governor's tenure” in light of the evolving macroeconomic climate.
THE CBN MAY RAISE INTEREST RATES TO 15%
Within the following six months, the Central Bank of Nigeria (CBN) may raise the benchmark interest rate by up to 200 basis points to 15%.
In its second-half macroeconomic prognosis for Nigeria, Vetiva Capital Management Limited predicted that the CBN will raise the Monetary Policy Rate (MPR), which is now at 13%, by 100 to 200 basis points to between 14% and 15% in the second half of this year.
Vetiva analysts stated that their monetary prediction was based on “past historical examination of rate rises throughout the present CBN Governor's tenure” in light of the evolving macroeconomic climate.
THE CBN MAY RAISE INTEREST RATES TO 15%
