Nigeria’s Monetary Policy Rate (MPR) stood at 11.5% as at October 2020. The MPR was pegged at 14% for over 31 months from July 2016 before it was recently revised by the Committee to 13.5% in March 2019 and further revised downwards in May 2020.
The MPR is the rate at which the Central Bank of Nigeria lends to the deposit money banksRead more INSIGHT Export Chart
The MPR is the rate at which the Central Bank of Nigeria lends to the deposit money banks
Data source: Central Bank of Nigeria
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