The Central Bank of Nigeria’s Monetary Policy Committee has voted to hold all rates across board with the headline monetary policy rate (MPR) held at 27.5%.
This was announced by the central bank governor, Yemi Cardoso, at the press briefing of the monetary policy committee on Thursday.
Decisions made
The Governor stated that all members of the MPC voted unanimously to keep rates steady stating that it was too early to start considering rate cuts despite slowing inflation.
This is a developing story….