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CBN holds benchmark interest rate at 13.5%

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Smuggling, dumping, greatest challenges hindering economic policies – CBN

The central bank has left its benchmark lending rate on hold at 13.5% on Tuesday, after data showed inflation struck a 17-month high last month.

Central bank Governor Godwin Emefiele told a news conference in the capital Abuja that the decision by the bank’s monetary policy committee was unanimous.

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NIGERIA DECIDES

NIGERIA DECIDES

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