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Central Bank of Nigeria Retains Interest Rate At 11.5%

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Manage episode 318647153 series 2902121
Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Central Bank of Nigeria’s Monetary Policy Committee retained the Monetary Policy Rate at 11.5% and kept all other parameters unchanged.
CBN Governor Godwin Emefiele made the announcement while addressing journalists at the bank’s headquarters in Abuja.
Lowering the rate could have stimulated more borrowing while raising the rate could have signalled the CBN’s intention to reduce the economy’s money supply.
  continue reading

1000 episodes

Artwork
iconShare
 
Manage episode 318647153 series 2902121
Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Central Bank of Nigeria’s Monetary Policy Committee retained the Monetary Policy Rate at 11.5% and kept all other parameters unchanged.
CBN Governor Godwin Emefiele made the announcement while addressing journalists at the bank’s headquarters in Abuja.
Lowering the rate could have stimulated more borrowing while raising the rate could have signalled the CBN’s intention to reduce the economy’s money supply.
  continue reading

1000 episodes

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