The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN) has voted unanimously to retain the Monetary Policy Rate (MPR) at 11.5%
This was disclosed by the Governor of the bank, Godwin Emefiele while reading the communique at the end of the MPC meeting on Tuesday.
Other parameters such as Cash Reserve Ratio (CRR), Liquidity Ratio, and Asymmetric Corridor have been held constant.
Tinubu Seeks ₦1.77 Trillion Loan To Fund 2024 Budget Deficit
Nigeria’s Inflation Rate Climbs To 33.88% In October 2024
NNPC Signs Gas Supply Deal With Dangote Refinery For Power Generation
NNPC Ends Petrol Imports, Moves To Local Sourcing From Dangote Refinery