CBN Retains MPR At 13.5%

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The Central Bank of Nigeria (CBN) says it will retain all monetary policy rates after its monetary policy committee could not hold its first meeting in 2018. The meeting, which was scheduled to.

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The CBN Governor, Mr. Godwin Emefiele. maintain the current monetary policy stance. Apart from the MPR which was retained at 14 per cent, the governor said the committee also voted to retain the.

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CBN MPC retains key lending rate at 13.5%. CBN governor, Godwin Emefiele says 9 out of the 11 members that attended the meeting agreed to retain the current monetary policy stance. This was contrary to the 50 basis points cut in the MPR, to 13.5 percent from 14.

there was "a vote of six to two to retain the Monetary Policy Rate (MPR) at 14 per cent." They also retained cash reserve ratio (CRR) at 22.5 per cent; Liquidity Ratio at 30.00 per cent; as well as.

Central Bank of Nigeria Governor Godwin Emefiele announced that the Monetary Policy Committee (MPC) has decided on Tuesday to retain the MPR rate at 13.5 per.

Nigeria’s central bank on Tuesday retained its interest rate amid rising inflation. The Monetary Policy Committee held the rate at 13.5 percent in a 9 to 2 vote, the central bank governor Godwin Emefiele told reporters in Abuja, the nation’s capital. It will recalled that the regulator in March cut its key rate, the first [.]

Abuja – The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, rose from its 87th meeting yesterday, in Abuja, saying that the bank would retain its Monetary Policy Rate at 12 per.

The Central Bank of Nigeria (CBN) is advocating increased consumer credit and mortgage loans as well as granting loans to Small and Medium Enterprises in the country. It also retained its Monetary Policy Rate (MPR) at 13.5 per cent at the end of its Monetary Policy Committee (MPC) held July 22 and 23 to review trends in the global and domestic.

The Monetary Policy Committee of the Central Bank of Nigeria, at the end of it’s May, 2019 meeting in an unanimous vote agreed to retain the Monetary Policy Rate at 13.5%. Proshare WebTV brings you highlights of the statement by the CBN Governor Mr Godwin Emefiele courtesy Channel Television.