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CBN cuts down interest rate from 14% to 13.5%

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The monetary policy committee of Central Bank of Nigeria has reduced interest rate from 14.0 per cent to 13.5 per cent.

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele  disclosed this Tuesday in Abuja while briefing newsmen at the end of the 226th Monetary Policy Committee meeting.

Correspondent Gabriel kuma reports the apex bank governor as expressing optimism for accelerated growth of the economy.

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