UPDATE: CBN raises MPR to 24.75%, retains CRR at 45%

Tribune Online
UPDATE: CBN raises MPR to 24.75%, retains CRR at 45%

The Central Bank of Nigeria (CBN) has raised Monetary Policy Rate (MPR) by 200 basis points from 22.75 per cent to 24.75 per cent. The committee also retained the Cash Reserve Ratio (CRR) at 45 per cent for Deposit Money Banks (DMBs), and 14 per cent for Merchant Banks. It left the Liquidity Ratio (LR) […]

UPDATE: CBN raises MPR to 24.75%, retains CRR at 45%
Tribune Online