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  - WORLDSTAGENEWS.COM - A La Une - 22/Jul 22:12

NECA commends CBN for sustaining tight monetary policy

WorldStage Newsonline– The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria’s Monetary Policy Committee (MPC) for maintaining a tight policy stance in July 2025. NECA’s Director-General, Mr Adewale-Smatt Oyerinde, said on Tuesday that the move was necessary to consolidate economic gains and support long-term macroeconomic stability. Oyerinde noted that the MPC retained the Monetary Policy Rate (MPR) at 27.5 per cent, while keeping the Cash Reserve and Liquidity Ratios unchanged. He said the decision aligned with current economic realities and reaffirmed the Bank’s resolve to sustain…

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