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The Lagos

From Stability to Growth: What the CBN’s Reset Now Demands of the Nigerian Market

From Stability to Growth: What the CBN’s Reset Now Demands of the Nigerian Market
Photo: Nairametrics · view original

The cut from 26.5% to 23% is the clearest signal yet that Nigeria’s era of very tight money is easing. But the benefits will not arrive evenly, and those who reposition early stand to gain the most For months, the Central Bank of Nigeria’s benchmark rate had been a number everyone quoted, but few...

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