CBN’s MPC Keeps Lending Rate At 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has kept the country’s Monetary Policy Rate (MPR) at 11.5 percent. The CBN Governor, Godwin Emefiele, disclosed this after the committee’s two-day meeting in Abuja on Thursday. It also retained the Cash Reserve Ratio (CRR) and Liquidity Ratio at 27.5 percent and 30 … Continue reading CBN’s MPC Keeps Lending Rate At 11.5%