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CBN raises interest rate to 18%

The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rates, from 17.5 percent...
International

Bank of England raises interest rates by 0.75%, highest hike in 33 years

The Bank of England has raised interest rates by 0.75 percentage points to 3 per cent in its most forceful act to tame inflation...

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First Bank of Nigeria Ltd., has announced a phased...

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