Topic: CBN increases monetary policy rate to 12%  (Read 951 times)

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CBN increases monetary policy rate to 12%
« on: March 23, 2016, 01:01:40 PM »
CBN increases monetary policy rate to 12%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday, announced a tightening of monetary policy stance by increasing the monetary policy rate by 100 bases point from 11 per cent to 12 per cent.


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