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Central Bank Retains Monetary Policy Rate at 14%, Others

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) ended its two-day meeting in Abuja on Tuesday, retaining the key lending rate at 14 percent. The committee’s 263rd meeting, which was chaired by the chairman and CBN Governor, Godwin Emefiele, also left the Cash Reserves Ratio (CRR) rate at 22.5 percent. Emefiele […]