Analysts Back CBN As MPC Keeps Interest Rate At 26.5%

By MARK ITSIBOR, Abuja; BUKOLA ARO-LAMBO and OLUSHOLA BELLO, Lagos Analysts and policy experts have backed the Central Bank of Nigeria (CBN) after its Monetary Policy Committee (MPC) held the Monetary Policy Rate (MPR) at 26.5 per cent at its 305th meeting held on May 19–20, describing the decision as prudent given that current inflationary […]

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