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Breaking: CBN retains lending rate 11.5%

The Nigerian Central Bank has retained the policy rate at 11.5 per cent.

This was made known by  CBN governor, Godwin Emefiele, on Tuesday after the  278th meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN).

The MPC members, at its 277th meeting in January, the first in 2021, voted unanimously to retain the Monetary Policy Rate (MPR) at 11.5 per cent.

More details soon

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