BusinessDay
Nigeria's leading finance and market intelligence news report.

CBN hints of reduction in MPR at Bankers Committee

The Central Bank of Nigeria (CBN) on Thursday hinted of the possibility to reduce the Monetary Policy Rate (MPR) following the drop in inflation rate for 17th consecutive months. Ahmed Abdullahi, CBN’s director, banking and supervision said this at the end of the bankers committee meeting in Lagos. Nigeria’s inflation rate dropped marginally to 11.14…



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