Issues over mooted economic plan, oil price crisis
28 Jul 2015
The Central Bank of Nigeria (CBN), through its Monetary Policy Committee (MPC), last weekend, held all rates steady, in a decision that doused the tensed environment, which was stoked by anticipation of devaluation and rate hike in several quarters. Specifically, the Monetary Policy Rate (benchmark interest rate) was retained at 13 per cent with a…