CBN Retains Lending Rate At 14% As FAAC Shares N429bn

CBN Retains Lending Rate At 14% As FAAC Shares N429bn

…Calls for speedy implementation of ERGP For the fifth time in nine months, the Central Bank of Nigeria (CBN) has maintained official interbank interest rate at 14 per cent, citing recent economic indicators are supporting variables behind the decision. Rising from its 2-day meeting yesterday, Monetary Policy Committee (MPC) of the apex bank also retained...

Source: CBN Retains Lending Rate At 14% As FAAC Shares N429bn