Monetary Policy Rate

CBN slashes MPR to 23%, but when will businesses feel it?
Business

CBN slashes MPR to 23%, but when will businesses feel it?

The Central Bank of Nigeria has made a major turn towards cheaper money, cutting its Monetary Policy Rate (MPR) by…
Borrowing costs could ease as CBN cuts interest
Business

Borrowing costs could ease as CBN cuts interest

Borrowing money in Nigeria has been brutally expensive for months. From business loans to personal credit, interest rates climbed to…
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