CBN CUTS BENCHMARK INTEREST RATE FROM 26.5% TO 23%
The Central Bank of Nigeria, CBN, has reduced its benchmark interest rate from 26.5 per cent to 23 per cent. The move signals an easing of monetary policy after several months of maintaining a tight stance to curb inflation. The CBN Governor, Olayemi Cardoso, announced the decision in Abuja on Tuesday. Cardoso made the announcement […]

