monetaryrates

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    CBN Kicks Off Monetary Easing: Cuts MPR to 27% as Inflation Eases, GDP Strengthens

    CBN Kicks Off Monetary Easing: Cuts MPR to 27% as Inflation Eases, GDP Strengthens The Central Bank of Nigeria (CBN) has officially shifted its stance from monetary tightening to easing, as its Monetary Policy Committee (MPC) reduced the Monetary Policy Rate (MPR) from 27.50% to 27%. This...