Adesola Sulaimon
Governor of the Central Bank of Nigeria(CBN), Godwin Emefiele has disclosed that the Apex Bank has increased the interest rate from 13% to 14%.
Emefiele made this known in a press briefing during the 286th Monetary Policy Committee (MPC) meeting at the CBN headquarters in Abuja,on Tuesday.
Osun PDP urge Babayemi to withdraw suit against Adeleke
This is coming few months after a recent 13% increase in the interest rate by the CBN
The Governor, however, said the move was reached to help reduce the rising inflation rate in the country.