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flag Nigeria's central bank cuts key interest rate to 27% for first time in over three years to boost growth.

flag The Central Bank of Nigeria (CBN) has reduced its key interest rate to 27%, marking the first cut in over three years. flag This move aims to stimulate economic growth by lowering borrowing costs for businesses and consumers. flag The decision reflects the CBN's ongoing efforts to balance inflation control with support for economic activity amid shifting domestic and global economic conditions.

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