ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, October 5, 2025
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

BREAKING: CBN Increases Interest Rate To 17.5%

by NewsOnline Nigeria
January 24, 2023
in Economy And Business
0
Emefiele

Emefiele

CBN increased the interest rate to 17.5% in January 2023.

 

NewsOnline reports that the monetary policy committee of the central bank has voted in its January 2023 meeting to raise its benchmark interest rate otherwise called the monetary policy rate to 17.5% from 16.5%.

 

READ ALSO: UNICEF urges Buhari to invest in education and Nigerian children

 

This was announced by the governor of the central bank, Godwin Emefiele at a press briefing following the end of the monetary policy committee meeting held on Tuesday 24th, 2023.

 

This is the first interest rate hike in 2023 suggesting the apex bank is continuing with the hawkish rate policy started in 2022.

 

…more details soon.

ADVERTISEMENT
Previous Post

Sokoto Commissioner Dumps PDP For APC, Tinubu Reacts

Next Post

BREAKING: CBN speaks on extending January 31st deadline for replacing old naira notes

Next Post

BREAKING: CBN speaks on extending January 31st deadline for replacing old naira notes

Trending Stories

No Content Available

Latest Stories

BREAKING: Court Halts Police Enforcement of Tinted Glass Permit

BREAKING: CBN Moves to Take Full Control of Nigeria’s Fixed Income Market

PENGASSAN Strike Cut Nigeria’s Oil Output by 283,000 Barrels Per Day – NNPCL

Trump Gives Hamas Sunday Deadline to Accept Gaza Peace Plan, Warns of “All Hell”

Jonathan Exposes How Boko Haram Once Chose Buhari to Negotiate With His Government

2025 U-20 World Cup: Bameyi Earns Man of the Match in Flying Eagles’ Victory Over Saudi Arabia

Linc Edochie Reportedly Dating Young Lady Who Resembles Queen May – Yinka Theisen

Temi Otedola Reveals Her Pick to Win BBNaija Season 10

IV TUNE: My Music Tells Stories of Overcoming Life’s Challenges

UCL: Chris Sutton Slams Guardiola for Creating Big Problem at Man City

ADVERTISEMENT

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria

Exit mobile version