Connect with us

Business

Just IN: CBN Announces Approved Lending Rate

Published

on

Just IN: CBN Announces Approved Lending Rate
https://b6e9dfoiqan74p70nlshla5o8r.hop.clickbank.net/

The Central Bank of Nigeria’s approved Monetary Policy Rate is now 11.5 per cent.
This comes after the Monetary Policy Committee of the Central Bank of Nigeria gave its nod for it to be effected.

TRENDING NOW

The CBN Governor, Godwin Emefiele, disclosed this after the committee’s two-day meeting in Abuja on Tuesday.


It also retained the Cash Reserve Ratio and Liquidity Ratio at 27.5 per cent and 30 per cent respectively.

At the last MPC meeting in September, the committee reduced the MPR from 12.5 per cent to 11.5 per cent.

Kindly subscribe to get the next update,
Just enter your email address below and click SUBSCRIBE

Delivered by SearchNGR



Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Copyright © 2020 SearchNGR | A News Aggregator Website | Nigerian Newspapers.