Updated: CBN Raises Interest Rate To 18.75%, To Affect Prices Of Goods
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the monetary policy rate (MPR), the benchmark interest rate, to 18.75 per cent on Tuesday. After the committee’s meeting on Tuesday, which is the first without Godwin Emefiele in
![Worshippers stand inside the Menjar Shenkora Arerti Mariam Church under construction that collapsed in Arerti, Amhara region of northern Ethiopia, on Wednesday, October 1, 2025 [Samuel Getachew/AP Photo]](https://www.primebusiness.africa/wp-content/uploads/2025/10/Ethiopian-church-collapse-480x384.webp)
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