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Naira, price stability and MPC’s new policy direction
In May 2022, the MPR moved to 13 per cent up from 11.5 per cent. By the end of 2023, the monetary policy rate (MPR) stood at 18 per cent following adjustments. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reports that inflationary pressures ...
Collins Olayinka and Helen Oji
