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May 21, 2026 - 1:29 PM

NEWS FLASH: CBN Cuts Interest Rate to 27%

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The Central Bank of Nigeria (CBN) has lowered its interest rate from 27.5% to 27%.

CBN Governor, Olayemi Cardoso, announced the decision on Tuesday during the 302nd meeting of the Monetary Policy Committee (MPC) in Abuja.

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