Central Bank of Nigeria has increased interest rate from 15.5 to 16.5 per cent... - NewsBlist

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