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JUST IN: CBN Retains 11.5% Interest Rate

JUST IN: CBN Raises Interest Rate To 16.5% 

Central Bank of Nigeria has retained 11.5% interest rate.

Gatekeepers News reports that the monetary policy committee of the Central Bank of Nigeria (CBN) has announced its decision to retain the benchmark of the monetary policy rate (MPR) at 11.5 percent.

The CBN Governor, Godwin Emefiele, announced the committee’s decision on Tuesday at the end of a two-day meeting at the apex bank headquarters in Abuja.

This is a developing story.

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