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JUST IN: CBN cuts interest rate to 23%

JUST IN: CBN cuts interest rate to 23%

The Central Bank of Nigeria (CBN) has cut the benchmark interest rate to 23 per cent. CBN Governor Olayemi Cardoso disclosed the committee’s decision at the conclusion of the bank’s two-day, 307th Monetary Policy Committee (MPC) meeting, held from 21 to 22 September in Abuja. This decision followed ...

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