MPC Retains Monetary Policy Rate At 13.5 Percent

SAN FRANCISCO, July 23, (THEWILL) – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 13.5 percent for July.

CBN Governor, Godwin Emefiele, disclosed this on Tuesday during a press conference at the end of a two-day MPC meeting held at the apex bank’s headquarters in Abuja.