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CBN raises interest rate to 24.75%

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The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 200 basis points to 24.75 per cent. The MPR was raised...

Nigeria’s inflation rate hits 31.70%

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The National Bureau of Statistics (NBS) has declared that Nigeria’s headline inflation rate increased to 31.70 per cent in February 2024. The NBS said this...

Obi: Interest rate increase’ll worsen economic hardship, job losses

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The former governor of Anambra State, Peter Obi, says the increase of the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN)...

NCC pegs International Termination Rate for voice services at $0.045

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The Nigerian Communications Commission (NCC) has set the new International Termination Rate (ITR) for voice services paid by overseas telecom carriers for terminating international...
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