The Central Bank of Nigeria (CBN) has cut its Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent, a 350-basis-point reduction that has drawn mixed reactions from
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Cybercrime is becoming a major business risk across Africa, with losses estimated at about $3 billion since 2019, raising fresh concerns over the security of Nigeria’s rapidly expanding digital economy.
Nigerian businesses are optimistic that borrowing costs could begin to decline over the next three months, even as bank loan interest rates remain high, according to the latest Business Expectations