Economy General

Rivers CSOs Slam CBN’s 27.5% MPR, Hail State’s Microcredit Scheme

The Coalition of Civil Society Organizations in Rivers State has criticized the Central Bank of Nigeria (CBN) for maintaining the Monetary Policy Rate (MPR) at 27.5%, describing the decision as alarming and detrimental to businesses and individuals seeking credit facilities nationwide. In a statement, the CSOs lamented that while the CBN and commercial banks continue

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