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Read More »Loan rate of 27.5%: need for more time to evaluate macroeconomic trends
The central bank of Nigeria (CBN) recently decided to maintain its reference rate, the monetary policy rate (MPR), at 27.5 percent, marking the second consecutive time in 2025. The Apex bank cited different macroeconomic trends such as reasons to hold rates. David Agba reports. At the 295th meeting of the Central Bank of the Nigeria Monetary Policy Committee (MPC), held …
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