CBN Cuts Interest Rate to 27% After Three Pauses
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has lowered the country’s interest rate to 27.00 per cent, marking the first adjustment in 2025. CBN Governor Olayemi Cardoso announced the decision on Tuesday during a press briefing after the 302nd MPC meeting in Abuja. “The Committee decided as follows: (1) reduce the […]
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