The Central Bank of Nigeria (CBN), on Tuesday, announced a reduction in its Monetary Policy Rate (MPR) by 50 basis points and cut the interest rate from 27.5 percent to 27 percent. CBN governor, Olayemi Cardoso, announced this at the 302nd…
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The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that eight banks have met recapitalisation while others are in the process of meeting the benchmark, ahead of the March 31, 2026 deadline given to banks. …
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