MPC Holds Interest Rate At 11.5 Percent

The monetary policy committee of the Central Bank of Nigeria (CBN) has agreed to maintain the monetary policy rate (MPR) at 11.5 percent. Speaking with journalists on Tuesday after the committee’s two-day meeting held at the CBN headquarters in Abuja, the CBN Governor, Godwin Emefiele, stated that the committee members without exception retained key rates. … Continue reading MPC Holds Interest Rate At 11.5 Percent