new interest rate
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Nigeria CBN Shocks Markets: Raises MPR to Record 24.75%, Businesses and Consumers to Face Higher Loan Costs
After its 294th meeting, the Central Bank of Nigeria (CBN) has made a bold move by increasing the Monetary Policy Rate (MPR) by 200 basis points to an unprecedented 24.75%. Led by CBN Governor Yemi Cardoso, this decision underscores the bank's unwavering commitment to combating inflationary...- Nigeria News
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- cbns new mpr rate central bank of nigeria exchange rate inflation monetary policy rate mpc meeting new interest rate yemi cardoso
- Category: Business
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