Nigeria's leading finance and market intelligence news report.

Here’re 5 implications on Nigeria’s economy as MPC trims MPR by 100bp

In a bid to salvage Nigeria’s economy from the negative impact of COVID-19, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) trimmed its benchmark lending rate on Tuesday by 100 basis points to 11.5 percent. According to the Central Bank Governor, Godwin Emefiele 60 percent of the 10 members of the…

Join now and gain unrivalled access to expert insights and analysis behind the story for just N1000/month

Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.