CBN raises MPR by 25 basis points: ’cause for concern as it may push Nigeria towards a deep recession’ – Twitterer

Replies ⬇ A Twitterer said, “raising the MPR to 18.75% is a cause for concern as it may push Nigeria towards a deep recession.”

Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raises MPR by 25 basis points. Photo: @cenbank

This statement is coming after the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised MPR by 25 basis points from 18.50% to 18.75%.

Replies to CBN ⬇