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Emefiele projects 2% economic growth for 2020

CBN retains MPR at 13.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.5 percent while other policy parameters remained constant. The CBN Governor, Godwin Emefiele, disclosed this after the MPC’s meeting in Abuja on Tuesday. Emefiele said all the 11 members of the committee attended the meeting
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MPR retention: Experts predict increase in foreign investors’ participation

Financial experts on Monday expressed optimism that retention of the interest rate by the Monetary Policy Committee (MPC) would likely trigger foreign investors’ participation in emerging Nigerian markets. Experts said this in separate interviews with the News Agency of Nigeria (NAN), in their reaction to the outcome of the 269th MPC meeting held on Friday.
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