Private Sector Laments High Interest Rate as CBN Retains MPR at 27.5%
The Organised Private Sector of Nigeria (OPSN) has criticised the Central Bank of Nigeria’s decision to maintain the Monetary Policy Rate (MPR) at 27.5 per cent, warning that the current interest rate environment continues to stifle business growth and investment across sectors. The CBN Governor, Mr. Olayemi Cardoso, announced the policy stance during a press