Nigeria central bank hikes rates for fourth time in 2024

Nigeria's central bank hikes interest rate to 26.75 pct

ABUJA, July 23 (Xinhua) -- Nigeria's central bank on Tuesday further raised the monetary policy rate by 50 basis points to 26.75 percent to tame the stubborn inflation in the most populous African country. Read full story

Nigeria central bank hikes rates for fourth time in 2024

Inflation has surged to a 28-year high and the naira is under renewed pressure on both the official and parallel markets

Nigeria's central bank hikes interest rate to 26.75 pct

Nigeria central bank on Tuesday further raised the monetary policy rate by 50 basis points to 26.75 percent to tame the stubborn inflation in the most.....