Nigeria’s economy would benefit from interest-rate easing even though it’s likely that the central bank will keep the key indicator unchanged tomorrow, Finance Minister Ngozi Okonjo-Iweala said. “We would be very grateful if we saw an easing of the interest rate, a little bit, in order to also help more […]
Tag: Nigeria’s Economy
CBN leaves rate at 12 pct, moves to support naira
* Cbank raises banks’ cash reserve requirement to 12 pct * Signs for Nigeria’s economy are ominous – cbank * Cbank says Nigeria unprepared for oil price shock Nigeria’s central bank (CBN) left its benchmark interest rate on hold at 12 percent on Tuesday, as expected, but took […]
