Home Banking & Finance CBN asks Nigerians for review on latest MPC decisions

CBN asks Nigerians for review on latest MPC decisions

CBN - lagospost.ng
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The Central Bank of Nigeria on Monday asked Nigerians to share their opinion on its interest rate decisions made at the recent Monetary Policy committee meeting.

CBN made this request in a post on its official X handle.

“The Central Bank of Nigeria recently held its 293rd Monetary Policy Committee meeting. Kindly fill out the survey using the attached link to share your views about the decisions made at the meeting,” the post on X account read.

Recall that the CBN made five critical decisions during its 293rd MPC meeting, a first since Olayemi Cardoso assume the office of Governor.

The MPC decided to increase the country’s interest rate by 400 basis points to 22.75 per cent from 18.75 per cent, raised the Cash Reserve Ratio to 45.0 percent from 32.5 percent and retained the liquidity ratio at 30 per cent, among others.

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