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The National Bank Raised Water Fees

 The National Bank Raised Water Fees The interest rate was raised by the central bank CBN from 18.5 percent to 18.75 percent. This informati...


 The National Bank Raised Water Fees


The interest rate was raised by the central bank CBN from 18.5 percent to 18.75 percent.


This information was released on Tuesday by Folashodun Shonubi, the acting governor of the Central Bank of Nigeria (CBN), following a meeting of the bank's financial management committee in Abuja.


Since President Bola Tinubu took office on May 29, 2023, the Finance Committee has only now taken this action.


The country's mild inflation was achieved, according to the country's acting central bank governor, in large part due to the rise in the price of water.


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