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Nigeria Retains Rate at 14% Fifth in 2017

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Godwin Emefiele, Governor, Central Bank of Nigeria (CBN)       At the end of its 258th meeting (fifth this year), the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) voted to maintain status quo for the seventh consecutive session by retaining the: 1. Monetary Policy Rate (MPR) at 14.0%; 2. Asymmetric corridor around ...

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