CBN balances growth push with cautious rate cut

Nigeria’s current account surplus narrows as Dangote Refinery reshapes trade flows

… Eases credit in first rate cut in five years … Introduces 75% CRR on non-TSA to check excess liquidity ... As 14 banks meet recapitalisation requirements The Central Bank of Nigeria (CBN) on Tuesday reduced its Monetary Policy Rate (MPR) by 50 basis points to 27 percent from 27.50 per

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