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8 Things to Know About the CBN’s MPC Decisions
The Central Bank of Nigeria (CBN) on Tuesday cut its benchmark interest rate by 350 basis points, taking the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent. The decision, announced by CBN Governor Olayemi Cardoso at the end of the Monetary Policy Committee’s 307th meeting in Abuja, marks the sharpest single […]
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