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Do interest rates influence inflation in Africa? It depends
Semafor via Yahoo News· 3 months agoNigeria is the latest African nation to hike interest rates in an attempt to tame inflation, but...
Nigeria Rate Decision Will Test Central Bank Autonomy
Bloomberg via Yahoo News· 10 months ago(Bloomberg) -- The Central Bank of Nigeria’s first interest rate decision since Godwin Emefiele’s...
UPDATE 3-Nigeria raises rates again to halt continued inflation rise
Reuters via Yahoo Finance· 1 year agoNigeria's central bank raised its main interest rate by another 50 basis points to 18.50% on Wednesday, and its governor promised to sustain rate hikes for as long as price pressures remained ...
UPDATE 3-Nigeria central bank hikes rates again, to 14%, to tame inflation
Reuters via Yahoo Finance· 2 years agoNigeria's central bank raised its benchmark lending rate to 14.0% from 13.0% in another effort to rein in soaring inflation, and warned of further tightening if prices continued rising. Governor ...
Nigeria's Tinubu launches presidency by unleashing market-driven reforms
Semafor via Yahoo News· 11 months agoNigeria’s new president Bola Tinubu has implemented market-friendly reforms in his first two weeks...
Africa’s Largest Economy to Slow Rate Hikes Before Elections
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Nigeria’s central bank is poised to temper the pace of interest-rate increases after...
African Central Banks to Keep Interest Rates Tighter for Longer
Bloomberg via Yahoo News· 10 months ago(Bloomberg) -- African central banks due to decide on interest rates in the next three weeks are set...
Nigeria's central bank made critical mistakes that doomed the country's currency redesign
The Conversation via Yahoo News· 1 year agoPeople queue outside a bank in Lagos on February 22, 2023. Nigeria was hit with a scarcity of cash...
Why Nigeria’s central bank joined Africa’s slow march towards crypto regulation
Semafor via Yahoo News· 4 months agoThe Scene LAGOS — Three years ago, when the Central Bank of Nigeria (CBN) barred commercial banks...
Nigerian naira falls to record low
Semafor via Yahoo Finance· 5 months agoSemafor Signals Insights from Bloomberg, The Financial Times, and Vanguard NEWS Nigeria’s naira currency hit a record low against the dollar on Tuesday....