The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), on Tuesday, retained key lending rate at 13.5%.
This is the outcome of the third monetary policy committee meeting of the central bank in 2019.
Godwin Emefiele, CBN governor, while reading communique at the end of the two-day in Abuja, said the committee cut the lending rate to 13.5% while retaining CRR at 22.5% and Liquidity Ratio at 30%.
Emefiele said all members retained key lending rates constant.
More details soon…