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CBN Rate Cut Aligns With Market Reality, Says Coleman MD

The managing director and chief executive of Coleman Technical Industries Limited, George Onafowokan, has described the recent adjustment in the Central Bank of Nigeria’s (CBN) Monetary Policy Rate (MPR) as a reset aimed at aligning monetary policy with prevailing market realities. Onafowokan, while noting that the banking sector recapitalisation had fuelled liquidity that forced down […]

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