MPR adjustment: Nigerian banks quick to raise lending rate, but slow to reduce it, says IMF

IMF reviews Nigeria's GDP growth rate forecast for 2025, projects 3.4% increase

The International Monetary Fund (IMF) says Nigerian banks raise lending rates rapidly when monetary policy is tightened but…

The post MPR adjustment: Nigerian banks quick to raise lending rate, but slow to reduce it, says IMF appeared first on TheCable.

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