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News : Business

Expert reacts as Nigeria MPC retains lending rate at 14%

By CNBC Africa
26 Jul 2018   |   12:21 pm   |   4m 50s
Although Nigeria's Central Bank Governor, Godwin Emefiele, announced that the country's baseline rate would be maintained at 14 per cent, he stated plans to implement initiatives that could reduce the cost of funds to key sectors of the country's economy.


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