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Nigeria: CBN Raises Benchmark Interest Rate

Nigeria: CBN Raises Benchmark Interest Rate
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Ayodeji Ebo , Olumide Adesina , Olayemi Cardoso , Monetary Policy Committee , Central Bank , National Bureau Of Statistics , Cash Reserve Ratio , National Bureau , Chief Business Officer , Quantum Economics ,

CBN raises benchmark interest rate

The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the CRR of merchant banks from 10 per cent to 14 per cent. ....

Olayemi Cardoso , Olumide Adesina , Ayodeji Ebo , National Bureau Of Statistics , Monetary Policy Committee , Central Bank , Cash Reserve Ratio , Financial Support , National Bureau , Chief Business Officer , Quantum Economics , Premium Times ,