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Nigeria central bank hikes rates for fourth time in 2024

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

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The Star Kuala LumpurThe Star Kuala Lumpur

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

·Malaysia
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Business LiveBusiness Live

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

·Johannesburg, South Africa
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ugandanews.netugandanews.net

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.....

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Business Live broke the news in Johannesburg, South Africa on Tuesday, July 23, 2024.
Sources are mostly out of (0)

Similar News Topics

Central Bank

Central Bank

Inflation

Inflation

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Abuja

Nigeria Economy

Nigeria Economy

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