Browsing: Interest rate

World Bank has said that Nigeria, Angola and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long

Monetary Policy Committee of the Central Bank of Nigeria has again increased the benchmark interest rate by 50 basis points from 26.25 per cent to 26.75 per cent.

World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN) may not rein in inflation and remains a risk to Nigeria’s growth outlook.