Tag: Economic Consolidation
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FG Hails CBN’s 26.5% Rate Cut, Says It Signals Shift to Economic Consolidation
By Paul Joseph The Federal Government has applauded the decision of the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent, describing the move as a strong indication that Nigeria’s economic stabilisation efforts are yielding results. In a statement issued on Tuesday, the Honourable…
