Analysts projected that the interest rate of the Central Bank of Nigeria may be placed on hold for most of this yearOver 800 basis points were added to the benchmark rate. The MPR was 27.50% at the end of DecemberGiven the accelerating rate of inflation, market watchers had anticipated that the CBN would hike rates last year
Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
Meristem Securities, an asset management firm, has…
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