Post by WebTV Nigeria (@WebTV)

The Monetary Policy Committee (MPC), at its 306th Meeting, voted to retain the following policy parameters:

- Monetary Policy Rate (MPR): Retained at 26.5%.
- Standing Facilities Corridor: Retained at +50 / -450 basis points around the MPR.
- Cash Reserve Ratio (CRR): Retained at 45% for Deposit Money Banks, 16% for Merchant Banks, and 75% for non-TSA public sector deposits.

#PressBriefing #MPC

The Monetary Policy Committee (MPC), at its 306th Meeting, voted to retain the following policy para...

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