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CBN MPC cuts MPR to 23%

The Central Bank of Nigeria (CBN), Tuesday resolved to cut the Monetary Policy Rate (MPR) by 350 basis points (bps) to 23 per cent from 26.5 per cent The central bank also recaliberated the Asymmetric Corridor at around the MPE +50/-300 bps. Addressing journalists at the end of the two-day meeting of the Monetary Policy […] The post CBN MPC cuts MPR to 23% appeared first on Latest Nigeria News |…

We haven't written up this one. Ripples Nigeria has the full story — the link below goes straight to it.

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