• Friday, April 19, 2024
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BusinessDay

CBN recommends a rebase of Nigeria’s GDP

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Nigeria’s Central Bank governor, Godwin Emefiele, at the second Monetary Policy meeting for the year, says the committee is making recommendations for a rebasing of the Gross Domestic Product (GDP).

“We are making some recommendations for the rebase of the GDP since the last time it was done was in 2010”, Emefiele said at the meeting where the key benchmark interest rate would be determined