Business

Nigeria’s central bank holds benchmark interest rate at 13.5%

Isaac UmunnaComment(0)

The Nigerian central bank left its benchmark lending rate on hold at 13.5% on Tuesday, after data showed inflation struck a 17-month high last month.

Central bank Governor Godwin Emefiele told a news conference in the capital Abuja that the decision by the bank’s monetary policy committee was unanimous. Reuters

Pix: CBN Governor, Godwin Emefiele

Isaac Umunna

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