Zenith Bank Plc has unveiled its unaudited financial results for the first quarter ending on March 31, 2024, showcasing an exceptional triple-digit growth of 189% in gross earnings. Despite navigating a challenging operating landscape and a tightening monetary policy stance,…
CBN raises interest rate to 24.75%
The Central Bank of Nigeria (CBN), has raised the Monetary Policy Rate (MPR), it’s benchmark interest rate to 24.75% representing 200 basis points increase from 22.75% in February. The CBN however retained the Cash Reserve Ratio (CRR) of commercial banks…
