Banks’ Maximum Lending Rate Drops to 33.16% as CBN Sustains Monetary Policy, Costs of Borrowing Remain High

Banks’ Maximum Lending Rate Drops to 33.16% as CBN Sustains Monetary Policy, Costs of Borrowing Remain High

The Central Bank of Nigeria's (CBN) decision to leave its benchmark Monetary Policy Rate (MPR) unchanged at 26.5 percent for...