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With eye on inflation, naira stability, CBN holds MPR at 14%

…Rising debt approaching pre-2005 Paris Club exit level …Economic policy pushed to sidelines on elections – analysts

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The Central Bank of Nigeria (CBN) after the first Monetary Policy Committee (MPC) meeting for the year retained its monetary policy rate in consideration of economic risks (global and domestic), including inflationary pressure which has intensified the risk of currency depreciation. Consequently, by vote of all the 11 members present at the meeting, the MPC…

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