Connect with us


Breaking: CBN retains lending rate at 11.5%



Spread the love

The Central Bank of Nigeria, CBN has retained the Monetary Policy rate at 11.5%

CBN’s Monetary Policy Committee took the decision which was announced by the CBN Governor, Godwin Emefiele, after the committee’s two-day meeting in Abuja on Tuesday.

It also retained the Cash Reserve Ratio and Liquidity Ratio at 27.5 per cent and 30 per cent respectively.

Read Also:  Tony Okpanachi: Pioneering Development Bank of Nigeria in post COVID-19 era

At the last MPC meeting in September, the committee reduced the MPR from 12.5 per cent to 11.5 per cent.


Contact Us:

  • Address: Address: 1st Floor,  Nwakpabi Plaza,  Suite 110, Waziri Ibrahim Crescent, Apo,  Abuja
  • Tel: +234 7036084449, +234 8066722600, +234 7012711701
  • Email:
  • Email:

Quick Links: