CBN prepares for recession, reduces benchmark lending rate to 11.5%

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Nike Popoola. The Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate by 100 basis points from 12.5 per cent to 11.5 per cent after its two-day Monetary Policy Committee meeting in Abuja. The 10 members of the committee who were in ...

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Nike Popoola. The Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate by 100 basis points from 12.5 per cent to 11.5 per cent after its two-day Monetary Policy Committee meeting in Abuja. The 10 members of the committee who were in ... https://ift.tt/eA8V8J

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