By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: BREAKING: CBN Raises Interest Rate to 18%
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | BREAKING: CBN Raises Interest Rate to 18%

News

BREAKING: CBN Raises Interest Rate to 18%

Juliet Amaka
Juliet Amaka
Published: June 14, 2025
Last updated: June 14, 2025
1 Min Read
Share
BREAKING: CBN Raises Interest Rate to 18% | Daily Report Nigeria
SHARE

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 50 basis points to 18 percent.

CBN Governor, Godwin Emefiele made the disclosure during a media briefing on Tuesday to mark the end of this month’s MPC meeting.

According to the CBN, the aim was to keep the inflation rate under control, citing the gains of the previously high rate as the reason for its new action.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

Addressing journalists at the end of the two-day meeting in Abuja, Emefiele, said although inflation has remained on the increase, the tightening measure has continued to reduce the rate of price increase.

More details later…

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:CBNTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published.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

Latest Updates

“Everyone Digging Borehole in Lekki Is Probably Drinking ‘Sh*t Water’” – Lagos Official | Daily Report Nigeria
“Everyone Digging Borehole in Lekki Is Probably Drinking ‘Sh*t Water’” – Lagos Official
News
Protesters Storm INEC HQ Over Labour Party’s Exclusion from Bye-Elections | Daily Report Nigeria
Protesters Storm INEC HQ Over Labour Party’s Exclusion from Bye-Elections
News
NITDA Targets 70% Digital Literacy by 2027, Rolls Out National Strategy | Daily Report Nigeria
NITDA Targets 70% Digital Literacy by 2027, Rolls Out National Strategy
News
NNPCL to Hand Over Nigerian Refineries to Private Firms
BREAKING: NNPCL Cuts Fuel Price to N900, 48 Hours After Hike
Business
CHAN Group D: Super Eagles Sink to Bottom After Senegal defeat | Daily Report Nigeria
CHAN Group D: Super Eagles Sink to Bottom After Senegal defeat
Sports

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

BREAKING: Gunmen Abduct School Pupils In Nasarawa | Daily Report Nigeria
Metro

BREAKING: Gunmen Abduct School Pupils In Nasarawa

April 30, 2025
Why Nigeria’s National Grid Collapsed Again – TCN | Daily Report Nigeria
Business

Why Nigeria’s National Grid Collapsed Again – TCN

June 15, 2025
Gridlock as Fire Outbreak Rocks Lagos | Daily Report Nigeria
Metro

Gridlock as Fire Outbreak Rocks Lagos

April 8, 2025
FG Considers Suspending Import Duties to Curb Inflation | Daily Report Nigeria
News

FG Considers Suspending Import Duties to Curb Inflation

June 13, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?