BREAKING: CBN says MPR reset due to disconnect with market rates

The Central Bank of Nigeria (CBN) has explained why it “reset” the Monetary Policy Rate (MPR) from 26.5% to 23%, saying the previous benchmark had become disconnected from the rates actually used in the financial…

The Central Bank of Nigeria (CBN) has explained why it “reset” the Monetary Policy Rate (MPR) from 26.5% to 23%, saying the previous benchmark had become disconnected from the rates actually used in the financial…

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