Tag Archives: MPC Leaves Monetary Policy At 14%

May, 2018

• 23 May

  CBN retains rates, worries over elections spending, budget

  

  Worried by expected high election spending and capital releases from the 2018 budget to be signed by President Muhammadu Buhari soon, the Central Bank of Nigeria has retained interest rate benchmark at 14 percent to mitigate the impact on inflation. The CBN Governor, Mr Godwin Emefiele, made this known after the two-day meeting which was held by the committee in ...

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