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CFG Africa

MPC at Crossroads as Disinflation Strengthens Case for Rate Cut

Nigeria’s monetary authorities face a pivotal moment as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria meets on February 23 and 24, with a growing body of data strengthening the case for cautious policy easing. After nearly two years of aggressive tightening that pushed the benchmark Monetary Policy Rate (MPR) to 27.0 […]