CBN Predicts Rate Cut Will Ignite Credit Expansion and Boost Economic Growth
The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in...
The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in the Monetary Policy Rate (MPR) is intended to foster economic expansion without compromising the naira’s exchange rate stability. In a discussion on TVC, Dr. Victor Oboh, the apex bank’s Monetary...