CBN increases interest rates to 14%

CBN increases interest rates to 14%
26 July 2016, Abuja – The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday announced a tightening of monetary policy stance by increasing the monetary policy rate by 200 basis points from 12 per cent to 14 per cent. It, however, left the Cash Reserve Ratio and the Liquidity Ratio unchanged at 22.5 […] More »
CBN increases interest rates to 14% CBN increases interest rates to 14% Reviewed by Crude Oil Facilitators on 17:58 Rating: 5

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