Breaking…CBN maintains key interest rate

At the end of Tuesday’s monetary policy meeting(MPC), The Central Bank of Nigeria (CBN) left key rates unchanged in a bid to keep up the battle against inflation.

MPC said inflation was down, year-on-year, but the food index rose in February from figures recorded in January, mounting pressure on consumers.

The MPC also urged the federal government carry out a speedy implementation of the Economic Recovery and Growth Plan.

Details coming…

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