But if China can stay on track to meet its economic growth target, no action is still a possibility, analysts say.
To understand why the CBN felt confident enough to ease, one must revisit Nigeria’s inflation trajectory over the past year.
Having $30,000 in your savings is a great emergency fund, but if it’s sitting in a traditional bank account earning nearly 0% ...
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CBN Cuts Interest Rates By 50 Basis Points To 27 Per Cent
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced interest rates by 50 basis points from 27.5 per cent to 27 per centThe Central Bank Governor, Olayemi Cardoso, made ...
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