JUST-IN: CBN Increases Interest Rate To 27.25%

JUST-IN: CBN Increases Interest Rate To 27.25%

Monetary policy reforms will check inflationary tide, check foreign exchange distortions – CBN

The Central Bank of Nigeria (CBN), says its on-going reforms will check rising inflationary trend and address distortions in the foreign exchange market.

No more deadline for legal tender status of old Naira notes – CBN

The Central Bank of Nigeria (CBN), says the old Naira banknotes will henceforth remain legal “ad infinitum ”.