CBN Lowers Interest Rate to 26.50% in Bid to Boost Growth

Nigeria’s central bank has reduced its interest rate by 50 basis points to 26.50 percent, marking a cautious shift in monetary policy amid continued easing of inflationary pressures. The decision was taken at the 304th meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria held in Abuja. Governor Olayemi Cardoso said … The post CBN Lowers Interest Rate to 26.50% in Bid to Boost Growth appeared first on Goldmyne TV.

CBN Lowers Interest Rate to 26.50% in Bid to Boost Growth

Nigeria’s central bank has reduced its interest rate by 50 basis points to 26.50 percent, marking a cautious shift in monetary policy amid continued easing of inflationary pressures. The decision was taken at the 304th meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria held in Abuja. Governor Olayemi Cardoso said …

The post CBN Lowers Interest Rate to 26.50% in Bid to Boost Growth appeared first on Goldmyne TV.

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