CBN Retains MPR At 13.5%

Nigeria’s central bank on Tuesday retained its interest rate amid rising inflation. The monetary policy committee held the rate at 13.5 percent in a 9 to 2 vote, the central bank governor Godwin Emefiele told reporters in Abuja, the nation’s capital. It will recalled that the regulator in March cut its key rate, the first [.]

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CBN MPC retains key lending rate at 13.5%.. the asymmetric corridor of +200/- 500 basis points around the MPR; Retain the CRR at 22.5%;.

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The Central Bank of Nigeria (CBN) has retained its Monetary Policy Rate (MPR) at 13.5 percent for the second time. The Governor of the bank, Mr Godwin Emefiele, disclosed this, in Abuja, Tuesday afternoon, while briefing the press at the end of the 227th Monetary Policy Committee (MPC) meeting.

The Monetary Policy Committee (MPC) has directed the Central Bank of Nigeria (CBN) to initiate policies and regulations to restrict access of banks to |. retains MPR at 13.5%.

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All 11 members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) yesterday, voted to retain the Monetary Policy Rate (MPR) at 14 percent and other key economic parameters in its.

The Monetary Policy Committee of the Central Bank of Nigeria, at the end of it’s May, 2019 meeting in an unanimous vote agreed to retain the Monetary Policy Rate at 13.5%. proshare webtv brings you highlights of the statement by the CBN Governor Mr Godwin Emefiele courtesy Channel Television.

Central Bank of Nigeria Governor Godwin Emefiele announced that the Monetary Policy Committee (MPC) has decided on Tuesday to retain the MPR rate at 13.5 per.

James Emejo in Abuja The Central Bank of Nigeria (CBN) Tuesday resolved to retain the Monetary Policy Rate (MPR), otherwise known as interest rate, at 13.5 per cent. The MPR is the rate at which.

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FOR the first time in more than two years, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (cbn) yesterday adjusted interest rate downwards to 13.5 per cent.

at the CBN Head Office, Abuja, on Wednesday, March 28, 2018, following the assumption of duty of the new Deputy Governors and MPC members. Emefiele said all 11 members were present at the meeting and.

CBN retains MPR at 13.5%.Say 2% growth sub-optimal. 21st May 2019. Nine out of 11 members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to.