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Nigeria Cuts Interest Rates for First Time in Five Years

by Ehiaghe Chidinma Okoro 11h ago 0 votes

The Central Bank cut its benchmark interest rate to 27%—the first reduction in five years—citing easing inflation and stable currency. The move raises hopes of more affordable borrowing, but risks if structural reforms lag. Which sector will benefit the most from the interest rate cut?

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Ehiaghe Chidinma Okoro 11h ago

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