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Month: July 2023

CBN’s MPC announces rate hike to 18.75% in Tinubu’s first term as president

25 July 202325 July 2023 Amara Abubakar

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has made its first interest rate decision under the Bola Tinubu administration, raising the monetary policy rate (MPR) from 18.5 percent to 18.75 percent. This decision […]

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