LAGOS, July 20 (Reuters) - Nigeria's central bank held its
benchmark lending rate at 12.5%, the central bank governor said
on Monday.
Godwin Emefiele said eight of the 10 monetary policy
committee members voted to retain the rate and two voted for a
rate cut.
The bank unexpectedly cut the rate by 100 basis points, to
12.5% from 13.5%, in May. It was the largest rate cut since
2015.