Acting CBN Governor, Folashodun Shonubi, made the announcement after the bank’s Monetary Policy Committee meeting in Abuja today.
This is the first decision of the monetary committee since President Bola Tinubu’s assumption of office on May 29, 2023.
It is also the first decision of the committee in about a decade without embattled Godwin Emefiele who was suspended as the governor of the apex bank on June 9, 2023.
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