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BREAKING: CBN MPC holds interest rate at ‘safer’ 13.5%


The monetary policy committee of the Central Bank of Nigeria (CBN) has mandated its stance of holding the monetary policy rate at 13.5%.

Godwin Emefiele, governor of the apex bank, made this known on Tuesday at the end of the committee’s two-day meeting.

All 11 members of the committee voted in favour of this decision.

More to follow…