Breaking: CBN Reduces Interest Rate To 26.50 % From 27%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.50 per cent from 27 per cent, the CBN Governor, Yemi Cardoso, announced. Cardoso made the disclosure on Tuesday at the 304th MPC meeting in Abuja. The News Agency of Nigeria (NAN) reports that…
