By Peter OBIORA InvestAdvocate
Lagos (INVESTADVOCATE)-The new Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday decided to retain Nigeria’s Monetary Policy Rate (MPR) at 14 percent for the ninth consecutive time.
Similarly, the MPC retained the Cash Reserve Ratio (CRR) at 22.5 percent and the liquidity ratio at 30 percent.
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