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Falling inflation, shrinking credit: Why Nigerian businesses still can’t borrow

Under Governor Olayemi Cardoso, the Monetary Policy Committee raised the Monetary Policy Rate (MPR) by a cumulative increase of 875 basis points across six consecutive MPC meetings

Akinola Ezekiel MorakinyoJuly 21, 20261 min read
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Under Governor Olayemi Cardoso, the Monetary Policy Committee raised the Monetary Policy Rate (MPR) by a cumulative increase of 875 basis points across six consecutive MPC meetings from 18.75% in January 2024 to 27.50% by November 2024.

The post Falling inflation, shrinking credit: Why Nigerian businesses still can’t borrow appeared first on Nairametrics.

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