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CBN rate cut premature amid rising oil, PMS prices — United Capital

CBN rate cut premature amid rising oil, PMS prices — United Capital
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By Babajide Komolafe The Central Bank of Nigeria (CBN) may delay a reduction in its Monetary Policy Rate (MPR), as rising prices of crude oil and Premium Motor Spirit (PMS) create fresh uncertainty over inflation, according to United Capital Research. MPR is the benchmark interest rate that deter...

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