Cheaper credit must follow MPR rate cut, says NECA

BusinessDay | 23-09-2026 02:58pm |

The Nigeria Employers' Consultative Association (NECA) has applauded the Central Bank of Nigeria's decision to cut the Monetary Policy Rate (MPR). NECA stated that cheaper credit must follow the MPR rate cut. The association emphasized the need for reduced lending rates to stimulate the economy. This comes after the CBN's recent policy decision.

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