Tag: lending rate

The benchmark lending rate stays at 11.5 per cent.

The decision was reached at the monetary policy committee meeting of the CBN on Tuesday.

The CBN announced the MPC decision.

The governor said the move was to attract greater foreign investment.

The Central Bank's MPC met on Tuesday.

Nigeria’s Monetary Policy Rate, MPR, is 14 per cent.

The private sector suffers from CBN’S high lending rate.

Headline inflation has moderated from 15 per cent to 14.7 per cent in August.