Central Bank of Nigeria (CBN) has voted to increase the benchmark interest rate by 50 basis points to 18. percent. CBN Governor Godwin Emefiele said this while reading the communiqué of the second Monetary Policy Committee (MPC) meeting on
Godwin Ofulue (Lagos); Charles Ogugbuaja (Owerri), Rotimi Agboluaje and Moyosore Morenike (Ibadan), Danjuma Michael (Katsina), Eniola Daniel and Michael Akinadewo (Lagos), Bala Yahaya (Minna); Ann Godwin (Port Harcourt) and Tina Agosi Todo (Calabar)