CBN Interest Rate Cut Draws Cautious Praise From Private Sector
Members of the Organised Private Sector have praised CBN’s 50bps interest rate cut but warn lending conditions remain tight. Members of Organised Private Sector (OPS) and some analysts, on Wednesday, welcomed the 50-basis-point reduction in Monetary Policy Rate (MPR) by Central Bank of Nigeria (CBN) after a long tightening campaign...
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