Regulatory Alerts2022-08-17 | FPR/DIR/PUB/CIR/001/058Adjustment of Interest Rate on All Central Bank of Nigeria Interventions
The Central Bank of Nigeria is adjusting the interest rate on all its intervention facilities back to 9% per annum, effective September 1, 2022, after previously reducing it to 5% as a COVID-19 mitigation measure. This change will apply to all new and existing intervention facilities granted by the bank.
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