Is CBN’s Rate Cut the Silver Bullet for Economy Decay?

Since the inauguration of President Bola Ahmed Tinubu in May 2023, the MPR has maintained an upward trajectory; rising from about 18.05 per cent to 27.50 per cent as of September 2025, when it was reduced marginally by 50 basis points to 27 percent.

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Is CBN’s Rate Cut the Silver Bullet for Economy Decay?

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