FDIs: Nigeria Tipped To Benefit As US Cuts Interest Rates By 0.5%

Nigeria and other countries in emerging and frontier markets are expected to benefit from increased capital inflows, following the announcement by the US central bank, the Federal Reserve yesterday, that it would lower the target for its key lending rate by 0.5 percentage points, to the range of 4.75 per cent. The widely expected cut,...The post FDIs: Nigeria Tipped To Benefit As US Cuts Interest Rates By 0.5% first appeared on New Telegraph.The post FDIs: Nigeria Tipped To Benefit As US Cuts Interest Rates By 0.5% appeared first on New Telegraph.

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