CBN retains Nigeria’s interest rate at 27.5% amid inflation drop

The Central Bank of Nigeria’s monetary policy committee has voted to hold the monetary policy rate at 27.25 per cent Addressing the press at the end of its 2-day meeting in Abuja yesterday, the CBN Governor, Yemi Cardoso, said the committee also retained the asymmetric corridor around the MPR at +500/-100 basis points, Cash Reserve […]
