Ex-CBN director lauds CBN on benchmark interest rate reduction

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Ex-CBN director lauds CBN on benchmark interest rate reduction

« on: September 23, 2020, 01:05:45 PM »

Ex-CBN director lauds CBN on benchmark interest rate reduction

Dr Titus Okunrounmu, a former director, Budgetary Department of Central Bank of Nigeria (CBN), has commended the Monetary Policy Committee (MPC) of the Apex Bank for reducing Benchmark Interest Rate (BIR) from 12.5 per cent to 11.5 per cent. Okunrounmu made the commendation in an interview with the News Agency of Nigeria (NAN), in Ota,
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