CBN Reduces Savings Account Interest Rate To 1.25%
The Central Bank has ordered all Deposit Money Banks to review interest rates on savings accounts to a minimum of 10 per cent of the Monetary Policy Rate effective from September 1, 2020.
This would amount to 1.25...
Euro Above $1.25 For First Time Since December 2014
The dollar weakened further Thursday as the euro climbed to above $1.25 for the first time in more than three years.
Around 1400 GMT, the European single currency jumped to $1.2537, the highest level since mid-December 2014,...
