Tag: Policy Rate

  • CBN retains Monetary Policy Rate at 13.5%

    CBN retains Monetary Policy Rate at 13.5%

    The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made this known while addressing newsmen on outcome of the MPC meeting in Abuja on Tuesday. Emefiele said the committee also retained Cash Reserve Ratio (CRR)…