Just In: CBN Reduces MPR To 12.5%
However, The Governor of CBN, Godwin Emefiele who made this known while reading the communique at the end of the MPC meeting earlier today revealed that the Cash Reserve Ratio (CRR) remained at 27.5%, Liquidity ratio at 30%.
Naija News also recalls that the Central Bank of Nigeria (CBN), had earlier approved a regulatory forbearance for the restructuring of credit facilities in the Other Financial Institution (OFI) sub-sector.
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