CBN retains interest rate at 27% as MPC extends policy pause

The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 27 percent, extending its pause on monetary tightening. Olayemi Cardoso, governor of the apex bank, announced the decision on Tuesday after the committees 303rd meeting in Abuja. Cardoso said the MPC voted by a majority to keep the []The post CBN retains interest rate at 27% as MPC extends policy pause appeared first on DAILY TIMES Nigeria. Nigeria News from Nigeria Newspapers
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