CBN increases inter-bank interest rate by 200 basis points to 24.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised Monetary Policy Rate (MPR) – inter-bank loan interest rate – by 200 basis points, to 24.75 per cent from 22.75 per cent on Tuesday.
MPR is a short-term,!-->!-->!-->…
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