ECONOMY MPC Maintains MPR at 13.5% In the just concluded MPC meeting, the following were the resolution reached by the Monetary Policy Committee Members; Monetary Policy Rate was retained at 13.5%, Cash Reverse Ratio was retained at 22.5%, Liquidity Ratio was retained at 30.0% and asymmetric window was retained within the corridor of+200 and -500…
In the just concluded MPC meeting, the following were the resolution reached by the Monetary Policy Committee_ Read more
The consumer Price Index for the month of June 2019, decline to 11.22% from 11.40% recorded for the month of May, 2019, this represent a 1.58% decline, also the Food Index for the month also decline by 1.67% from 13.79% recorded in the previous month of May, 2019 to 13.56% for the current month, this was possible given the slower pace of increase in prices of consumer goods for the current period.