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Cheaper credit key to turning CBN’s rate cut into growth –NECA

The Director-General of the Nigeria Employers’ Consultative Association (NECA), Adewale-Smatt Oyerinde, has hailed the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) by 50 basis points to 27 percent, describing it as a strategic step towards stimulating growth. The decision was taken at the 302nd meeting of the CBN’s Monetary […] The post Cheaper credit key to turning CBN’s rate cut into growth –NECA appeared first on The Sun Nigeria.


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