Nigeria MPC cuts down MPR from 12.5 % to 11.5% (Full Speech)

PUBLISHED: Tue, 22 Sep 2020 17:13:19 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 100 basis points, to 11.5 per cent from 12.5 per cent. The asymmetric around the MPR was also adjusted by +100 basis points and minus 700 basis points….

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