(Reuters) - Nigeria's central bank has cut its benchmark interest rate by 200 basis points to 8 percent, the bank said in a statement on Wednesday.
The bank also narrowed the interest rate corridor around the benchmark Monetary Policy Rate (MPR) to +/- 250 basis points, from +/- 300 basis points, the bank added.
Read more at Reuters Africa
The bank also narrowed the interest rate corridor around the benchmark Monetary Policy Rate (MPR) to +/- 250 basis points, from +/- 300 basis points, the bank added.
Read more at Reuters Africa
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