Nigeria’s Central Bank has raised its benchmark lending rate by 50 basis points to 27.5 per cent attributed to the continuing inflationary conditions in the country and the stability of the foreign exchange market. In a statement on Tuesday (24.09), the Central Bank of Nigeria (CBN) noted the slight ease in inflation between July and…...
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Nigeria’s Central Bank raises interest rate by 50 basis points to 27.25%
Yemi Cardoso
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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