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CBN cuts interest rate to 23%

CBN cuts interest rate to 23%

TheCentral 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 tw...

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Verified on Sep 22, 2026

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