CBN MPR Meeting November 2016
Central Bank retains Monetary Policy Rate at 14%, Cash Reserve Ratio at 22.5% and Liquidity Ratio at 30%.
Central Bank retains Monetary Policy Rate at 14%, Cash Reserve Ratio at 22.5% and Liquidity Ratio at 30%.
The CBN this week cut the Monetary Policy Rate or MPR this week from 13% to 11%, this was the first rate cut in nearly 6 years. The MPR is the rate at which the Central Bank of Nigeria lends… Continue Reading