BREAKING: CBN monetary committee retains interest rate at 13.5%

The monetary policy committee of the Central Bank of Nigeria (CBN)  says it has agreed to keep the monetary policy rate, which measures interest rate at 13.5%.

Addressing the press in Abuja on Tuesday after the meeting of the committee, Godwin Emefiele, governor of the apex bank, said nine members agreed to hold rates.

More to follow…