Inflation: Cardoso explains why CBN raised Nigeria’s interest rate

Olayemi Cardoso, the Central Bank of Nigeria Governor has said the Monetary Policy Committee raised the country’s interest to 27.25 percent to curb inflation. This is according to a press statement from the apex bank on Sunday. He described the decision to raise interest rates as a necessary move to control inflation and curb excess [...]Inflation: Cardoso explains why CBN raised Nigeria’s interest rate

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