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MPR: Concerns over job cuts, food hike as CBN says nation not yet out of the woods
2 years agoCBN Governor, Olayemi Cardoso
Despite inflation receding for two consecutive months, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday raised Monetary Policy Rate (MPR) by 50 basis points from 26.75 per cent it was to 27.25 per cent.