From Adanna Nnamani, Abuja Mounting inflationary pressures and a sharp rise in Nigeria’s money supply could force the Central Bank of Nigeria (CBN) to raise interest rates at its next policy meeting, scheduled for May. According to the latest CBN data, the country’s broad money supply (M3) surged to N114.22 trillion in March 2025, up [...]The post CBN may hike interest rate as money supply hits N114.2tn appeared first on The Sun Nigeria.
Related Articles
Don't miss out on breaking stories and in-depth articles.