Breaking: CBN cuts interest rate to 23%

CBN Governor, Olayemi Cardoso
nThe monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reset the monetary policy rate (MPR) to 23 per cent.
nCBN Governor, Olayemi Cardoso, announced the decision on Tuesday at the end of the committee’s 307th meeting in Abuja.
nCardoso said, “The Committee decided as follows: reset the monetary policy rate to 23 per cent.
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