Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has voted to raise MPR by 100 basis points from 15.5% to 16.5%.
MPC, however retains Cash Reserve Ratio (CRR) at 32.5%, Liquidity Ratio (LR) at 30.0% and Asymmetry Corridor at +100/-700 basis points around the MPR...
Source: CBN
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#️⃣ Banking Industry
#️⃣ Business
#️⃣ CBN
#️⃣ Nigeria
Source: CBN
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