By Our Correspondent Lagos (INVESTADVOCATE)-Again Nigeria’s Central Bank Monday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 87 of the Monetary Policy Committee Meeting of Monday January 21 2013. The CBN retained MPR at 12% with interest rate corridor of […]
Tag: MPR
FDC Predicts Interest Rate Slash to 11.75%
With exactly one week to the next monetary policy committee (MPC) meeting, Financial Derivatives Company Limited (FDC) has predicted a 25 basis points reduction in the Monetary Policy Rate (MPR) to 11.75 per cent from 12 per cent. MPR, the benchmark interest rate is the rate at which the Central […]
