HomeTagsReduces MPR to 13.5%

Tag: Reduces MPR to 13.5%

CBN Changes Gear, Reduces MPR to 13.5%

CBN Changes Gear, Reduces MPR to 13.5% The Central Bank of Nigeria (CBN) at its Monetary Policy Committee (MPC) held at the banks’ headquarters in Abuja resolved to reduce the Monetary Policy Rate (MPR), also known as interest rate, by 50 basis points to 13.5...