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BREAKING: CBN cuts interest rate to 27% — first in 2025

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11 months ago

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The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced interest rates from 27.5 percent to 27 percent.

Olayemi Cardoso, CBN’s governor, announced the rate adjustment at a news conference on Tuesday during the committee’s 302nd meeting in Abuja. (The Cable)

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