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Breaking: CBN Raises Interest Rates To 14 Percent

by Echezona obinna
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The Central Bank of Nigeria, CBN, increased the interest rate from 13.5 percent to 14%.

This is the second interest rate increase this year.

The CBN Governor, Godwin Emefiele, announced this today while addressing the reporters after the Monetary Policy Committee (MPC) meeting in Lagos.

 

Details later…

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