The Central Bank of Nigeria has retained the Monetary Policy Rate at eleven-point five percent, with other measurement indicators also remaining the same.
The Monetary Policy Committee of the CBN also left the Cash Reserve Ratio at twenty-seven-point five percent, while the Liquidity Ratio is at thirty percent.
CBN Governor, Godwin Emefiele made the announcement during a news conference in Abuja, after the first Monetary Policy Committee meeting for the year.