CBN Retains MPR At 13.5%

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CBN Governor Godwin Emefiele: Why Nigeria’s Central Bank retained MPR at 13.5%.. (MPC) has decided on Tuesday to retain the MPR rate at 13.5 per cent.. July 23, 2019. Facebook.

The monetary policy committee of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate by 50 basis points. This means that the MPR, which is put at 14%, was eased to 13.5%. Announcing the decision of the committee earlier today at the apex bank’s headquarters, Godwin Emefiele, the CBN governor, said there [.]

Mr Tope Fasua, an Economic Expert, says retention of Monetary Policy Rate (MPR) at 13.5 per cent by the Central Bank of Nigeria (CBN) was expected. Fasua said this while reacting to the outcome of.

The Central Bank of Nigeria (CBN) monetary policy committee (MPC), on Tuesday, retained key lending rate at 13.5%. central bank governor godwin emefiele speaks at the monthly MPC meeting in Abuja.

IN spite of the optimism expressed by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele about the possibility of reduction in the Monetary Policy Rate (MPR) before July, Chief.

The Central Bank of Nigeria (CBN) has retained its Monetary Policy Rate (MPR) at 13.5 percent for the second time. The Governor of the bank, Mr Godwin Emefiele, disclosed this, in Abuja, Tuesday afternoon, while briefing the press at the end of the 227th Monetary Policy Committee (MPC) meeting.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.5 percent. The CBN Governor, Mr Godwin Emefiele, made this known while addressing newsmen on the outcome of the MPC meeting in Abuja, Nigeria’s capital, on Tuesday.

But when the former Rivers State governor disagreed, Tinubu was said to have asked him to resign his position as minister if he must retain his appointment as Buhariâs campaign DG. Sources said.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has kept the Monetary Policy Rate (MPR) constant at 13.50%. Also, other parameters such as Credit Reserve Ration (CRR), Liquidity ratio, and asymmetric corridor were equally held constant. Reasons for MPC’s decision: While.

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Nigeria MPC retains MPR at 13.5%. by PER SECOND NEWS. May 23, 2019. in News From MDA’S. 0 0. 0. 0. shares. 201. views. share on Facebook Share on Twitter Send Email.. CBN exploring legal option to restrict deposit banks’ unfettered access to government security .