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What CBNs 26.5% Interest Rate Means For Nigerians

The Central Bank of Nigeria has retained its benchmark interest rate at 26.5 per cent as it continues efforts to control inflation, support the naira and maintain economic stability. But what does the high interest rate mean for Nigerians? In this explainer, we look at how the CBN’s decision affects businesses, borrowers, savers, investors and […]
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