THIS WEEK: CBN interest rate hike forces bank stocks to nosedive, and more! - Nairametrics

5/28/2022 12:00:00 AM2 years 11 months ago
by Research Team
by Research Team
The Central Bank of Nigeria raised the benchmark interest rate by 150 basis points to 13% to tackle Nigerian inflation,
The Central Bank of Nigeria raised the benchmark interest rate by 150 basis points to 13% to tackle Nigerian inflation, which reached 16.82% in April 2022 as a result of rising gasoline and food pric… [+8763 chars]
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