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The CBN Monetary Policy Rate (MPR) is determined by the CBN Monetary Policy Committee periodically. The rate is is the official benchmark rate of the CBN and the rate at which it lends money to commercial banks.
Below is the MPR from 2006 till date.
Monetary Policy Rate
The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.