Credit to economy remains constrained with high interest rate

by | January 24, 2018 1:08 am

Nigeria’s key monetary variables, as decided by the last Monetary Policy Committee (MPC) in November 2017 remain unchanged as the Committee failed to hold its first meeting in the year due to the Senate’s delay in confirming the new members of the MPC. The is implies that the Monetary Policy Rate (MPR) remains at 14.0…

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