CBN Hikes Interest Rate to 17.5 Per Cent Despite Inflation Dip

By
NigeriaDNA
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Godwin Emefiele, CBN Governor, disclosed this Tuesday, Jan. 24, while reading the communiqué of the end of the two-day MPC meeting in Abuja, the first of the year.

The CBN said previous increases were beginning to yield results with the slight drop in the inflation rate recorded in December 2022.

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