{
  "id": 16553533,
  "title": "Despite Cut in MPR, Average Maximum Lending Rate Rises to 32.62%",
  "url": "https://urgent.news/2026/10/26/despite-cut-in-mpr-average-maximum-lending-rate-rises-to-32-62",
  "topic": "world",
  "section": "World",
  "published": "2026-10-26T02:25:00.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/10/26/despite-cut-in-mpr-average-maximum-lending-rate-rises-to-32-62/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Kayode Tokede Despite the reduction of the Monetary Policy Rate (MPR) to 23 per cent by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) in its",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}