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Breaking: CBN continues aggressive tightening, raises lending rate to 26.25%
This is the third consecutive tightening of the lending rate, known as the Monetary Policy Rate (MPR) by the MPC under Cardoso.
21 May 2024 7:01 PM IST
CBN’s aggressive monetary policy tightening will boost foreign investment – expert
Inflation is mainly as a result of excess liquidity in the system; too much money chasing fewer goods. There is so much money in circulation, money supply is estimated to be about N98 trillion.
2 April 2024 2:39 AM IST
