Here is the report:

The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) left benchmark interest rate unchanged at 9.75 percent as the central bank on Thursday said it would step up intervention in foreign exchange market to ensure the stability of the local currency, Naira. The rates were not changed in line with plans to curtail inflationary threats, declining oil price and instability in exchange rates. At the Wholesale Dutch Auction System (WDAS), the CBN sold $1.34bn to retail banks, slightly below a demand of $1.4bn. The regulator also disclosed that it would reduce the amount of foreign exchange Nigerian banks hold in their reserves from 20% to 10% next week.