KEY POINTS • NECA commends the CBN for cutting the MPR from 26.5 per cent to 23 per cent.• The association says the 45 per cent CRR means monetary conditions remain relatively tight.• It wants the rate reduction to translate into lower lending costs for businesses. MAIN STORY The Nigeria Employers’ Consultative Association (NECA) has … Continue reading NECA welcomes CBN rate cut, seeks lower business financing costs