💸📉 Will CBN’s interest rate cut to 26.5% actually ease Nigeria’s economic pressure?
by • 5h ago • 0 votes
Nigeria’s Central Bank of Nigeria (CBN) has reduced its benchmark interest rate to 26.5%, a decision announced by Governor Olayemi Cardoso after the Monetary Policy Committee meeting held in Abuja. The rate cut is expected to influence borrowing costs, inflation control, business growth, and overall economic stability. While some see it...
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