Economy---Politics
January 25, 2017
1st CBN MPC for 2017: MPR retained at 14%
The Monetary Policy Committee of the Central Bank of Nigeria, today in its first meeting for the year, retained the Monetary Policy Rate at 14%, including other rates Cash Reserve Ratio(22.5%), Liquidity Ratio(30%), Asymmetric corridor (+200 -500 bps).

This aligns with what major analysts and research predicted that with the developments in the global and domestic markets, the best option was for the CBN to leave all rates unchanged.

Proshare WebTV brings you excerpts of the MP statement by CBN Governor Mr Godwin Emefiele courtesy Channels TV.
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