New Interest Rate Will Hurt Savings Account Holders — Analysts

…CBN Raises Interest Rate For Sixth Time In 2024, Now 27.50% The Monetary Policy Commit­tee (MPC) of the Central Bank of Nigeria (CBN) has raised the country’s interest rate for the sixth time in 2024. The new interest rate figure, according to analysts, will affect Nigerians’ savings accounts and the cost of loans. The Olayemi […]