Monetary

Are Conventional Monetary Policies Regulating the Nigerian Economy?

The commitment of the Central Bank of Nigeria (CBN) to stimulate the economy following the      distortions caused by the coronavirus pandemic prompted the decision to reduce the Monetary Policy Rate (MPR) from 12.5% to 11.5% . However, the cash reserve ratio was retained at 27.5% and the liquidity ratio at 30%.  The major goal of […]

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