BREAKING: CBN Crashes Interest Rate To 23%

The Central Bank of Nigeria (CBN) has crashed the interest rate to 23 per cent from the previous position of 26.5 per cent. The CBN Governor, Mr Olayemi Cardoso, confirmed the figure to journalists on Tuesday during the 307th session of the Monetary Policy Committee (MPC). Briefing the media on the outcomes of the MPC…

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Source: Business Archives – New Telegraph