BREAKING: CBN Retains 11.5% Benchmark Interest Rate Over Inflation

The Central Bank of Nigeria (CBN), on Monday, March 21, 2022, retained the 11.5% benchmark interest rate. According to the apex bank, which made the disclosure of this development, the Monetary Policy Committee (MPC), aside from retaining the Monetary Policy Rate (MPR) at 11.5%, also kept all other parameters unchanged. The MPR, which has been … Continue reading BREAKING: CBN Retains 11.5% Benchmark Interest Rate Over Inflation