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    BREAKING! CBN raises rate to 27. 50%

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    The Central Bank of Nigeria (CBN) has raised the monetary policy rate to 27.50 per cent from 27.25 per cent.

    The Governor of the Central Bank of Nigeria , Mr. Olayemi Cardoso disclosed at the end of the Monetary Policy Committee meeting in Abuja this afternoon.

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    The post-MPC meeting’s briefing is on-going.

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