General Economy

CBN Retains Monetary Policy Rate at 27.5%, Cites Focus on Disinflation

The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.5%, maintaining all other policy parameters unchanged. CBN Governor, Olayemi Cardoso, disclosed this during the Monetary Policy Committee (MPC) briefing held on Tuesday in Abuja. He explained that the decision was driven by the need to sustain the

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