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Read More »JUST IN: CBN MPC cuts MPR to 23%
The Central Bank of Nigeria (CBN), Tuesday decided to reduce the Monetary Policy Interest Rate (MPR) by 350 basis points (bps) to 23 percent from 26.5 percent The central bank also recalibrated the Asymmetric Corridor at the MPE range of +50/-300 bps. Speaking to journalists at the end of the two-day Monetary Policy Committee (MPC) meeting in Abuja, the CBN …
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