Godwin Emefiele CBN
Business

MPC leaves monetary policy rate at 14 percent

910
Advertisement




The newly constituted Monetary Policy Committee  has  retained  Monetary Policy Rate (MPR) at 14 percent after its first meeting this year.

The committee, which admitted five new members last month, unanimously decided to leave the benchmark interest rate at 14 percent, central bank Governor Godwin Emefiele said at a press conference in the capital, Abuja on Wednesday.
More to follow

 

Author

See also  NNPC, ExxonMobil Fine-Tune Strategy for Improved Production

Leave a comment

Related Articles

Ordinary Nigerians Will Feel Reform Gains Soon, CBN Assures

Nigerians will soon feel better economic numbers in their pockets, CBN Governor...

Nigeria’s Top Insurer NICON Stripped of License in Receiver Takeover

The National Insurance Commission (NAICOM) has formally revoked the operating licence (RIC-049)...

Afriland Properties Appoints Ayobami-Ojo to Board After Transformative Tenure at NNPC Properties

Afriland Properties Plc has appointed Iyabode Olayemi Ayobami-Ojo as an Independent Non-Executive...

From the Pulpit to the Boardroom: Pastor Jerry Eze Joins Heirs Life Board

Heirs Life Assurance has appointed Pastor Jerry Eze, one of Africa’s most...