NECA lauds reduction of benchmark lending rate to 12.5%
Nigeria Employers’ Consultative Association (NECA) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the Monetary Policy Rate (MPR) from 13.5 per cent to 12.5 per cent. The major decision from the MPC at its May 28, 2020 meeting was the reduction of the MPR, while maintaining other […]