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Nigeria , Thursday 15 October 2026

Nigeria has just hiked interest rates: why it’s the wrong recipe for curbing inflation

Published on: Saturday 04 June 2022

Nigeria has just hiked interest rates: why it’s the wrong recipe for curbing inflation The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect immediately. Whenever the Central Bank changes the ...



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