CBN Cuts Interest Rate To 23% At MPC Meeting

CBN Cuts Interest Rate To 23% At MPC Meeting

The Monetary Policy Committee of the Central Bank of Nigeria has crashed the benchmark interest rate to 23 per cent from 26.5 per cent. The CBN Governor, Olayemi Cardoso, announced the decision on Tuesday at the end of the committee’s 307th meeting in Abuja. Cardoso said, “The Committee decided as follows: reset the monetary policy […] The post CBN Cuts Interest Rate To 23% At MPC Meeting appeared first on Information Nigeria .