BREAKING: Nigeria's central bank raises interest rate from 11.5% to 13% - Premium Times

The 150 basis point hike is significant as Nigeria battles rising inflation.

The Central Bank of Nigerias Monetary Policy Committee has jacked up benchmark interest to 13 per cent, 150 basis points above the previous rate. It is the first change since September 2020. The Gov… [+2493 chars]

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