The Central Bank of Nigeria (CBN) has invited Nigerians to provide feedback on the outcomes of its 293rd Monetary Policy Committee (MPC) meeting, which took place recently.
In a post on its official handle onCentral Bank of Nigeria Seeks Public Input on Recent Monetary Policy Decisions Monday, the CBN encouraged the public to share their opinions on the decisions made during the meeting.
“The Central Bank of Nigeria recently held its 293rd Monetary Policy Committee meeting. Kindly fill out the survey using the attached link to share your views about the decisions made at the meeting,” the post on CBN’s account read.
This MPC meeting marked the first since the appointment of Olayemi Cardoso as the Governor of the CBN.
According to reports by the media, the MPC made five significant decisions following the conclusion of its meeting.
The committee decided to raise the country’s interest rate by 400 basis points to 22.75 percent from 18.75 percent.
Additionally, they increased the Cash Reserve Ratio to 45.0 percent from 32.5 percent and maintained the liquidity ratio at 30 percent, among other measures.
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