
Monetary rate cuts to 11.5%
THE Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent, an indication of a reduction in the cost of funds by 100 basis points.
THE Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent, an indication of a reduction in the cost of funds by 100 basis points.
“Chronicles from the Land of the Happiest People on Earth”. That’s the title of Nobel laureate, Professor Wole Soyinka’s new novel.