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CBN Raises MPR To 16.5%, Retains Other Rates

…..Says Buhari Will Launch New Naira Notes Wednesday   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), the benchmark interest rate, by 100 basis points to 16.5%, at the end of  its two-day meeting in Abuja. The latest MPR is the highest lending […]