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Tuesday, March 28, 2023

CBN Raises Monetary Policy Rate to 14%

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The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) from 13 percent to 14 per cent.

The latest development was disclosed by the CBN Governor, Godwin Emefiele, while speaking at the 286th meeting of the Monetary Policy Committee held in Lagos on Tuesday.

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