CBN Retains MPR At 13.5%

The Governor, Central Bank of Nigerians(CBN), Mr Godwin Emefiele, on Thursday announced the decision of the committee at the end of a two-day meeting held at the apex bank’s headquarters in Abuja.. Just in: CBN retains MPR at 14%.

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 percent, announced at.

Retains MPR at 13.5%, CRR at 22.5% obinna chima, James Emejo and Nume Ekeghe The Central Bank of Nigeria (CBN) is to limit Deposit Money Banks (DMBs) access to government securities to.

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.

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has officially cut the Monetary Policy Rate (MPR) to 13.50% from 14%, while retaining CRR at 22.5%. The CBN Governor, Godwin Emefiele, disclosed this during a press conference at the end of the two-day MPC meeting held on Tuesday in Abuja.

Consequently, Monetary policy rate (mpr) remained 13.5%, the asymmetric corridor at +200 and -500 basis point around the MPR, the CRR at 22.5% and retain the liquidity ratio at 30%.

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.

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate from 14 per cent to 13.5 per cent. The CBN Governor, Mr. Godwin Emefiele, announced the.

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CBN Retains MPR at 14%.. The Central Bank of Nigeria (CBN) has again failed to tamper with the Monetary Policy Rate (MPR), leaving it unchanged at 14 percent.. Business Post Nigeria is a publication of Business Post Integrated located at Suite 27, The Lord’s Mercy Plaza, Egbeda, Lagos..

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