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Interest rate

Interest rate

How The New CBN Interest Rate Will Affect Borrowing In Nigeria

How the new CBN interest rate will affect borrowing in Nigeria 

The Central Bank of Nigeria, CBN, recently raised the monetary policy rate (MPR) and many are worried about how the new CBN interest rate will affect borrowing in Nigeria.   The CBN says it introduced measures to control inflation in the economy, although experts say they will not likely be effective.   Factors causing Nigeria’s inflation  …

How the new CBN interest rate will affect borrowing in Nigeria 

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