Interest rates to rise as CBN raises N1trn in Treasury Bill auction

Sources involved in forex reforms at the Central Bank of Nigeria have indicated that the Monetary Policy Committee (MPC) is contemplating an increase in rates by 100 to 300 basis points in their forthcoming meeting. The MPC is set to hold its first meeting under the tenure of Mr. Olayemi Cardoso as Governor, scheduled for Monday, February 26 and Tuesday, Read MoreThe post Interest rates to rise as CBN raises N1trn in Treasury Bill auction appeared first on Blueprint Newspapers Limited.
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