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Nigeria's central bank cuts key interest rate to 27% for first time in over three years to boost growth.
The Central Bank of Nigeria (CBN) has reduced its key interest rate to 27%, marking the first cut in over three years.
This move aims to stimulate economic growth by lowering borrowing costs for businesses and consumers.
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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El banco central de Nigeria recorta la tasa de interés clave al 27% por primera vez en más de tres años para impulsar el crecimiento.