Wednesday, August 10, 2022
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CBN raises MPR to 14 percent

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent.

CBN Governor, Godwin Emefiele, disclosed this on Tuesday during a meeting of the Monetary Policy Council held in Lagos.

While the apex bank increased the MPR rate, it, however, retained other parameters.

Details shortly…

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