interest rate

  1. CBN Cuts Interest Rate: What the Shift to 27% Means for You

    Nigeria CBN Cuts Interest Rate: What the Shift to 27% Means for You

    The Digest: The Central Bank of Nigeria has reduced its benchmark interest rate for the first time since 2020, lowering the Monetary Policy Rate by 0.5% to 27% in a move aimed at stimulating economic growth while maintaining inflation control. This strategic shift directly impacts Nigerians by...
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