BREAKING: Interest Rate Now 14% – CBN

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The Central Bank of Nigeria, on Tuesday, July 19, raised interest rate from 13% to 14 per cent

Godwin Emefiele, the governor of the apex bank, disclosed this after the committee’s meeting which was held at the CBN headquarters in Abuja.

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Emefiel noted that the hike in interest rate would help tame rising inflation.

Details later…

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