BREAKING: MPR at 27.5%: Implications for SMEs’ operational costs, growth prospects
In its recent Monetary Policy Committee (MPC) meeting held on February 20, 2025, the Central Bank of Nigeria (CBN) decided to retain the Monetary Policy Rate (MPR) at 27.5 percent. This decision has significant implications for Small and Medium Enterprises (SMEs), particularly concerning their borrowing costs, operational expenses, and overall growth prospects. Small and Medium … Read more