CBN Retains Interest Rate At 26.5% As MPC Battles Inflation, Global Economic Pressures
CBN keeps benchmark lending rate at 26.5% as MPC moves to contain inflation and stabilise Nigeria’s economy. The Central Bank of Nigeria has retained the country’s benchmark lending rate at 26.5 per cent as authorities intensified efforts to contain inflationary pressures and protect macroeconomic stability amid growing global economic uncertainties....
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