CBN holds MPR at 11.5%

The Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 11.5 per cent.

This was announced by the Governor of the CBN, Godwin Emefiele, while reading the communique of the first monetary policy committee meeting of the year, on Monday 21st March 2022.

According to Emefiele, all other parameters were also held.

More to come…

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Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior Editor, he plays a key role in shaping the digital news landscape.