At its July 23-24, 2018 meeting, the Monetary Policy Committee decided by a vote of seven to three to retain the monetary policy rate (MPR) at 14.0 per cent.
The nay-voters sought to raise the MPR by the relatively unimportant 25 basis points or 50 basis points. But …
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Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting has retained MPR at 12%, CRR at 22.5% and Liquidity Ratio at 30% while it embraces flexibility in the foreign exchange market.
Cash-reserve ratio left unchanged at 22.5%, Central Bank of Nigeria Governor Godwin Emefiele tells...
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outcome of cbn meeting on economy
outcome of mpc meeting