OPS faults fresh MPR hike, foresees shut down of more businesses

Members of the Organised Private Sector (OPS), the Lagos Chamber of Commerce and Industry (LCCI), and the Manufacturers Association of Nigeria (MAN) have expressed displeasure against Tuesday’s decision by the Central Bank of Nigeria (CBN) to raise the Monetary Policy Rate (MPR) by 50 basis points, bringing it from 26.25 per cent to 26.75 per cent .

The post OPS faults fresh MPR hike, foresees shut down of more businesses appeared first on The Guardian Nigeria News – Nigeria and World News.

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