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Cardoso: Why CBN took market by surprise on interest rate

Cardoso: Why CBN took market by surprise on interest rate
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By Babajide Komolafe, Economy Editor BANGKOK, THAILAND: The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has explained why the apex bank’s latest monetary policy decision took the market by surprise, saying the need to correct a faulty monetary policy transmission mechanism...

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