After the Monetary Policy Committee (MPC) meeting last Monday, Godwin Emefiele, Nigeria’s central bank governor, announced a one percent rise in the monetary policy rate from 11 to 12 percent.
MPR is the benchmark interest rate in the country. It is the rate at which banks lend to deposit money b
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ODINAKA ANUDU & JOSEPHINE OKOJIE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
