MPC retains interest rate at 14%, CRR at 22.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained  interest rate at 14%, alongside other parameters. The MPC disclosed this after the two-day meeting in Abuja, the CBN Governor, Mr Godwin Emefiele, said the MPC also left cash reserve ratio (CRR) and liquidity ratio were held at 22.5 percent and 30 percent ...