Central Bank of Nigeria raises Monetary Policy rate to 18.75%

TrendsWatch
By TrendsWatch 3 Min Read

The Central Bank of Nigeria’s decision to raise the Monetary Policy Rate (MPR) to 18.75% comes in response to a confluence of global and domestic economic factors. This significant move reveals Nigeria’s efforts to navigate through our current complex and rapidly changing global economic landscape, where several critical events and trends have influenced the decision....

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