MPC Leaves All Rates Unchanged

nigerian banks MPC GDP CBN Goes Tough on Exporters Over Forex Non-Repatriation MPC
CBN Governor, Godwin Emefiele |

At the end of the two-day bi-monthly MPC meeting, all policy levers were maintained following a unanimous vote of all members of the committee.

  • Monetary Policy Rate (MPR) – 11.50%
  • The asymmetric corridor around the MPR – +100/-700bps,
  • Cash Reserve Ratio – 27.50%, and
  • Liquidity Ratio 30.0%.

Nigeria’s Monetary Policy Trend

MPC Leaves All Rates Unchanged brandspurng