CBN rejects Finance minister's call for interest rate cut 'retains benchmark rate at 14%

Akinpelu Dada, Ifeanyi Onuba, Oyetunji Abioye and 'Femi Asu The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, which is the benchmark lending rate, at the current 14 per cent. The decision to leave the rate unchanged was contrary to expectations of economic analysts, manufacturers and some []The post CBN rejects Finance minister's call for interest rate cut retains benchmark rate at 14% appeared first on Punch Newspapers.
Click here to read full news..