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Breaking: CBN raises interest rate to 27.50%

The Central Bank of Nigeria, CBN, has raised the monetary policy rate to 27.50 per cent, from 27.25 per cent. The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, disclosed this at the end of the Monetary Policy Committee meeting in Abuja this afternoon. Recall that on September 24, CBN raised the Monetary […]