Home General and News updates BREAKING: CBN keeps benchmark interest rate at 11.5%

BREAKING: CBN keeps benchmark interest rate at 11.5%

0
299
Addressing journalists on Tuesday after the committee’s two-day meeting at the CBN headquarters in Abuja, Godwin Emefiele, governor of the apex bank, said the committee members unanimously retained key rates constant.
According to Emefiele, the committee voted to maintain the key lending rate at 11.5 percent, with the asymmetric corridor of +100 and -700 basis points around the MPR.

We do everything possible to supply quality news and information to all our valuable readers day in, day out and we are committed to keep doing this. Your kind donation will help our continuous research efforts.

-Advertisement-

-Want to get the news as it breaks?-

- Advertisement -