The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has voted unanimously to retain the Monetary Policy Rate (MPR) at 11.5%.
The Committee also voted to retain Cash Reserve Ratio at 27.5%, while Liquidity Ratio is to remain at 30%.
It also maintained Asymmetric Window of +100 and -700 basis points around the MPR.
https://twitter.com/cenbank/status/1397187506756534279
Amaka E. Nliam
