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Manufacturers Urge CBN to Cut Interest Rates As Financing Costs Weigh On Industry

Nigeria’s manufacturers have called on the Central Bank of Nigeria (CBN) to ease monetary policy, arguing that elevated borrowing costs are constraining production, discouraging investment and slowing the growth of the country’s industrial sector. The appeal comes as manufacturers continue to contend with expensive bank credit, unstable!-->!-->!-->!-->!-->…

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