The Central Bank of Nigeria (CBN) has indicated that the country’s extended period of disinflation could eventually create room for lower interest rates. CBN Governor Olayemi Cardoso said Nigeria had recorded 11 consecutive months of slowing inflation, demonstrating that the bank’s restrictive monetary policy was producing results. Speaking at a BusinessDay conference in Lagos, Cardoso […]
... CBN Sees Room for Rate Cuts After 11 Months of Slowing Inflation ... Naijaonpoint.