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    BREAKING: CBN retains MPR at 27.5%, keeps CRR at 50%, liquidity ratio at 30%

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    The Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.5%, following its latest Monetary Policy Committee (MPC) meeting.

    This was announced at the end 300th MPC meeting by CBN
    Governor Olayemi Cardoso.

    Other key decisions include:
    Cash Reserve Ratio (CRR): 50%
    Liquidity Ratio (LR): 30%

    Detail shortly……………….

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