The CBN Governor, Godwin Emefiele, also reiterated that the bank will increase its foreign exchange interventions by making sure that there is no shortage of forex for business transactions in the country.
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, has voted to retain interest rates in the country at 14%, despite calls from experts and economic managers, including the Minister of Finance, Kemi Adeosun, for a downward review.