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JUST IN: CBN increases lending rate to 13% to rein in rising inflation

  Abdulwahab Isa, Abuja To tame aggressive acceleration in inflation and prices, Central Bank of Nigeria on Tuesday raised its lending rate, Monetary Policy Rate (MPR) to 13.5 per cent – the first time  in two and half years. The decision will in addition mop up liquidity ahead of the 2023 general elections. CBN Governor, […]

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