RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economics

Monetary Policy Committee of the Central Bank of Nigeria Retains MPR Rate at 11.5%

Rate Captain by Rate Captain
November 23, 2021
in Economics, News, Politics
Reading Time: 1 min read
A A
0

Central Bank of Nigeria's (CBN) governor Godwin Emefiele gives a press conference on the naira devaluation during a media briefing in Abuja on June 15, 2016. Nigeria's central bank said today it will ease currency controls and allow the naira to devalue as the country works to attract investment amid a worsening economic outlook. Central Bank of Nigeria (CBN) governor Godwin Emefiele said in a televised speech from Abuja that the currency market will be "purely market driven". / AFP / PHILIP OJISUA (Photo credit should read PHILIP OJISUA/AFP/Getty Images)

Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%. Furthermore, all monetary parameter has been held constant

Godwin Emefiele,The Governor of the Central Bank disclosed this information at the end of the 282nd Monetary Policy Committee meeting on Tuesday, 23rd November 2021.

Apotheosis of the Monetary Policy Meeting

  • Liquidity Ratio remains at 30%.

  • Monetary Policy Rate (MPR) retained at 11.50%.

  • The asymmetric corridor of +100/-700 basis points around the MPR remains constant.

  • Cash Reserve Ratio (CRR) remains at 27.5%.

 

More details Shortly…..

AlsoRead

Nigeria’s Inflation Eases to 20.12% in August, Prompting Calls for CBN Rate Cuts

How I Lost N200 Billion”: Femi Otedola Reflects on His Biggest Financial Setback

African Nations Grapple with Soaring Borrowing Costs in 2025 Amid Inflation Surge

Previous Post

Bitrise Coin Might Just Break Shiba-Inu’s Record

Next Post

Texas Chosen by Samsung For Chip Production

Related News

Nigeria’s Inflation Eases to 20.12% in August, Prompting Calls for CBN Rate Cuts

by Stephen Akudike
September 16, 2025
0

Nigeria’s headline inflation rate dropped to 20.12% in August 2025, marking its fifth consecutive month of decline from 21.88% in...

Otedola acquires 5.52% of Transcorp Plc.

How I Lost N200 Billion”: Femi Otedola Reflects on His Biggest Financial Setback

by Rate Captain
August 22, 2025
0

In a rare moment of vulnerability, billionaire businessman Femi Otedola has shared the story of how he lost nearly N200...

IMF Lists Top 10 African Nations with Highest Debt Burdens

African Nations Grapple with Soaring Borrowing Costs in 2025 Amid Inflation Surge

by Akpan Edidong
August 6, 2025
0

Across Africa, central banks are wielding high Monetary Policy Rates (MPRs) as a weapon against persistent inflation, currency volatility, and...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Holds Policy Rates Steady Amid Global Economic Challenges

by Stephen Akudike
July 31, 2025
0

The Central Bank of Nigeria (CBN) maintained its key monetary policy instruments at the July 2025 Monetary Policy Committee (MPC)...

Next Post

Texas Chosen by Samsung For Chip Production

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX Kicks Off 2026 Trading Week with N745 Billion Surge as Bulls Charge Back

January 13, 2026
Fuel Subsidy Removal Negatively Impacts 90% of Nigerian Businesses

Nigeria’s Fuel Import Bill Plunges 54% in Two Years as Domestic Refining Gains Ground

January 13, 2026

Popular Story

  • Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

    Naira Kicks Off 2026 with First Weekly Gain as CBN Boosts Liquidity

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Fuel Import Bill Plunges 54% in Two Years as Domestic Refining Gains Ground

    0 shares
    Share 0 Tweet 0
  • NGX Kicks Off 2026 Trading Week with N745 Billion Surge as Bulls Charge Back

    0 shares
    Share 0 Tweet 0
  • Naira Appreciates by 7% at Official Window as Reserves Grow in First Week of 2026

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Statistics Bureau to Brief Stakeholders Ahead of Key December Inflation Data

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>