Nigeria In One Minute
CBN To Maintain Lending Rate At 14%, CRR At 22.5%
An economist has said Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) may maintain status quo on its monetary policy rates. The apex banking regulating body posted on its official website that the committee meeting has been fixed for Monday, March 20- 21, 2017.
He noted that the drop in inflation rate for the first time in 15 months might further delay changes in CBN’s rates next week.
Leadership March 19, 2017
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