Interest Rate Trimmed As Inflation Eases
CBN Announces Rate Reduction THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria has reduced the country’s benchmark interest rate to 26.5 per cent. CBN Governor Olayemi Cardoso announced the decision at the end of the committee’s two-day meeting held from 23 to 24 February in Abuja. The move represents a 50-basis-point cut […]
