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[Chart of the day] Nigeria’s Prime Lending Rate Every June Since 2004

Nairametrics by Nairametrics
June 28, 2015
in Uncategorized
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Nigerian interest rate has been on a steady rise in recent money following the increase of the MPR by the CBN. Prime lending rate is one of the broader measures used by the CBN to track how banks lend money to borrowers. Here is how it has faired every June since 2014.

[visualizer id=”63686″]

Any chance that it will drop this year?

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