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How CBN rate cut will save Nigeria N1tr, by Rewane

…Forecasts $143m for ‘Detty December’ Nigeria’s first interest rate cut in five years will reduce the government’s debt servicing costs by more than ₦1 trillion while easing pressure on households through falling inflation and commodity prices, according to economist and CEO of Financial Derivatives Company, Bismarck Rewane. Speaking on national television yesterday, Rewane described the […]

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