Nigeria MPC cuts down interest rate from 14% to 13.5% (Full Speech)

PUBLISHED: Tue, 26 Mar 2019 16:14:12 GMT


Central Bank of Nigeria Governor Godwin Emefiele announced that the Monetary Policy Committee (MPC) has decided on Tuesday to cut down its benchmark interest rate by 50 basis points, to 13.5 per cent from 14 per cent – for the first time in almost three years.


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