Cut Lending Rates to Reflect New 23% MPR, Economist Tell Banks

Commercial banks must translate the Central Bank of Nigeria’s new Monetary Policy Rate of 23 per cent into lower lending rates for businesses if the policy is to achieve its intended impact, the chief executive officer…

Commercial banks must translate the Central Bank of Nigeria’s new Monetary Policy Rate of 23 per cent into lower lending rates for businesses if the policy is to achieve its intended impact, the chief executive officer…

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