INTEREST RATE TO REMAIN AT 13.5%

By Godson Ikiebey- 

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has voted that monetary policy rate, which measures interest rate, should remain at 13.5%.

This is the third consecutive time that the committee will retain the rates since March, 2019 when the rates were reduced by 50 basis points.

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