CBN retains interest rate at 27.5%, cites global uncertainties

Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN), yesterday, retained the Monetary Policy Rate (MPR) at 27.5 percent, citing uncertainties fueld by ongoing global trade war. The Governor of the bank, Mr. Olayemi Cardoso, disclosed this at the end of the 300th Monetary Policy Committee (MPC) meeting at the bank’s headquarters, in Abuja. He [...]The post CBN retains interest rate at 27.5%, cites global uncertainties appeared first on Vanguard News.

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