cbn interest rate increase
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Nigeria Inflation Control: CBN Lifts Interest Rate to 27.25% in Latest MPC Meeting
The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate from 26.75% to 27.25% to control rising inflation. CBN Governor Olayemi Cardoso announced this decision after the Monetary Policy Committee’s 297th meeting. The increase is aimed at stabilizing the economy by curbing...
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