Manufacturers expect further lending rate cuts after CBN’s 50bps MPR slash 

The Manufacturers Association of Nigeria (MAN) has expressed optimism that the recent decision by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) to lower the Monetary Policy Rate (MPR) by 50 basis points will pave the way for deeper cuts in lending rates to support the country’s struggling manufacturing sector. 

The post Manufacturers expect further lending rate cuts after CBN’s 50bps MPR slash  appeared first on Nairametrics.

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