The Central Bank of Nigeria has raised the monetary policy rate for the seventh straight time by 50 basis points,
The inflation-induced increase in the monetary policy rate will lead to a further squeeze on businesses’ profits and heighten the
An inflation rate of more than 18 percent could prompt the Central Bank of Nigeria to adopt a tighter monetary
With Nigeria’s inflation rate at a four-year high, an increase in interest rates is not only imminent but now inevitable,
Economics
