The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent.
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Godwin Emefiele, the CBN governor, announced the committee’s decision on Tuesday at the end of a two-day meeting at the CBN headquarters.
The committee also retained the liquidity ratio at 30 percent and cash reserve ratio (CRR) at 27.5 percent. (The Cable)
