Lawmakers urge CBN to halt further interest rate hikes

As the Central Bank of Nigeria (CBN) prepares for its milestone 300th Monetary Policy Committee (MPC) meeting scheduled for next week, federal lawmakers have issued a cautionary note against further increases in the Monetary Policy Rate (MPR), which currently stands at 27.5%. The advisory comes amid growing concerns about the impact of high interest [...]The post Lawmakers urge CBN to halt further interest rate hikes appeared first on National Daily Newspaper.

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