monetary policy rate

  • economyInflation targeting: CBN again raises benchmark interest rate

    Stakeholders raise concern as Nigeria’s inflation rate rises to 31.70%

    The challenge of spiraling inflation and how to stem the tide has been central to stakeholder engagements in recent times. According to analysts at CardinalStone Finance, an investment house, the rising inflation pressure indicates that Nigeria remains within the top 10 countries with the highest inflation reading in Africa. The analysts said that a material jump in prices of food…

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