BusinessDay
Nigeria's leading finance and market intelligence news report.

CBN holds interest rate over fragile economic recovery

Faced with a double dilemma of an inflation uptick and weak growth, the Central Bank of Nigeria (CBN) on Tuesday kept benchmark rates unchanged as it continues to weigh out its previous policy measures to spur growth and rein in rising commodity prices. Nigeria’s inflation rate marginally retreated for the first time in 19 months…

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