Home Business MPC: CBN extends its 5% interest rate on loans by 12months

MPC: CBN extends its 5% interest rate on loans by 12months

by Kunle Awosiyan

The Central Bank of Nigeria CBN has extended by twelve months its five percent interest rate on all its interventions.

CBN Governor Godwin Emefiele disclosed this on Tuesday at the Monetary Policy Committee Meeting holding for the first
time this year.

The Governor is pledging that the Apex Bank will continue to play its role to ensure that the country overcomes its current Economic Constraints brought about by the COVID-19 pandemic.

 

0 comment
0

Related Articles

Leave a Comment