The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the headline interest rate, the Monetary Policy Rate (MPR), at 26.50 per cent. This was disclosed by the Governor of Nigeria’s central bank, Mr Yemi Cardoso, on Wednesday, after the conclusion of the MPC meeting. He noted that the decision was hinged on Nigeria being largely insulated from external shocks relating to developments in the Middle East. He also acknowledged that inflation and exchange rate stability were put into consideration during the two-day meeting.................…...READ MORE