Latest News in Nigeria
CBN releases interest rates, cash reserve ratio survey, asks Nigerians to participate
The Central Bank of Nigeria on Monday asked Nigerians to
share their views about the decisions it made at the end of its recent Monetary
Policy committee meeting.
CBN made this known in a post on its official X handle on
Monday.
“The Central Bank of Nigeria recently held its 293rd
Monetary Policy Committee meeting. Kindly fill out the survey using the
attached link to share your views about the decisions made at the meeting,” the
post on X account read.
The 293rd MPC meeting is the first since
the appointment of Olayemi Cardoso as the Governor of CBN.
Five critical decisions were The MPC decided to increase the country’s interest rate by See link below: The Central Bank of Nigeria recently held its 293rd Monetary Policy committee meeting. Kindly fill the survey using the attached link to share your views about the decisions made at the meeting…https://t.co/nQZeebHodS pic.twitter.com/L8FLiZcKeh
— Central Bank of Nigeria (@cenbank) March 4, 2024
made by the policy organ following the conclusion of its meeting.
400 basis points to 22.75 per cent from 18.75 per cent, raised the Cash Reserve
Ratio to 45.0 percent from 32.5 percent and retained the liquidity ratio at 30
per cent, among others.
