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CBN raises interest rate to 26.25%

Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate by 150 basis points to 26.25 Per cent from 24.75 percent.

IMF cautions FG against CBN Act amendment

The International Monetary Fund (IMF) has cautioned the Federal Government against the proposed amendment of the Act establishing the Central Bank of Nigeria (CBN), calling rather for the strengthening of the apex bank.

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